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Canada revises Q2 GDP, current account figures

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Published: Monday, 1 Oct 2012 | 8:30 AM ET

Oct 1 (Reuters) - Canada revised its second quarter data for annualized economic growth and the current account balance on Monday to reflect a change to updated accounting standards.

Statscan said second quarter gross domestic product grew at an annualized 1.9 percent compared to an initial estimate of 1.8 percent. It revised the second quarter current account deficit to C$18.37 billion from an initial C$16.02 billion.

Statscan said the switch to the new standards had produced no substantial change to the GDP or current account figures.

(Reporting by David Ljunggren; Editing by Alex Paterson)

((david.ljunggren@thomsonreuters.com; +1 613-235-6745; Reuters Messaging: david.ljunggren.reuters.com@reuters.net))

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Oct 1- Canada revised its second quarter data for annualized economic growth and the current account balance on Monday to reflect a change to updated accounting standards. Statscan said second quarter gross domestic product grew at an annualized 1.9 percent compared to an initial estimate of 1.8 percent.

   
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