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Canadian building permits 7.7% vs. 5.0% forecast

Published 06/02/2015, 13:30
© Reuters. Canadian building permits 7.7% vs. 5.0% forecast
Investing.com - The number of building permits issued in Canada rose more-than-expected last month, official data showed on Friday.

In a report, Statistics Canada said that Canadian building permits rose to a seasonally adjusted annual rate of 7.7%, from -13.6% in the prior month whose figure was revised up from -13.8%.

Analysts had expected Canadian building permits to rise to 5.0% last month.

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