OTTAWA -
The gross domestic product fell 0.5 per cent in May, a faster rate of decline than in the previous three months.
Over the last four months, the goods-producing industries have contributed the most to the decrease in GDP, while the output of the service sector has remained essentially unchanged.
Statistics Canada reports the energy and manufacturing sectors were the main contributors to May's decline; construction and wholesale trade also decreased.
Meanwhile, the agency says the activities of real-estate agents and brokers as well as retail trade advanced.
The output of the energy sector dropped a further 2.3 per cent in May as oil-and-gas extraction as well as associated support activities posted significant declines.
Both petroleum and natural-gas production were hampered by falling export demand.
