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Canadian building permits -12.9% vs. 5.5% forecast

Published 03/06/2015, 08:30 AM
© Reuters. Canadian building permits -12.9% vs. 5.5% forecast
Investing.com - The number of building permits issued in Canada fell more-than-expected last month, official data showed on Friday.

In a report, Statistics Canada said that Canadian building permits fell to a seasonally adjusted annual rate of -12.9%, from 6.1% in the preceding month whose figure was revised down from 7.7%.

Analysts had expected Canadian building permits to fall to 5.5% last month.

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