# May GDP Slips, but June Rebound Eases Pressure for September Rate Cut

> Statistics Canada data showed the Canadian economy contracted 0.1% in May, matching expectations and extending a decline from April. Advanced data pointed to a 0.1% rise in June, led by retail and wholesale trade.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23972-may-gdp-slips-but-june-rebound-eases-pressure-for-september-rate-cut
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Weak growth keeps Bank of Canada rate-cut expectations alive, which pressures the loonie and can affect Canadian export pricing for feed commodities.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- global.morningstar.com: https://global.morningstar.com/en-ca/economy/may-gdp-slips-june-rebound-eases-pressure-september-rate-cut

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.