OTTAWA – Real gross domestic product declined 0.3 per cent in August and early signs suggest the economy barely managed any growth in the third quarter, Statistics Canada said Friday.

Goods-producing industries were down in August for the fifth time this year while the services side contracted for the first time in six months, StatCan said.

The agency said August’s decline mostly offsets a gain of 0.3 per cent in real GDP for July, which was revised a tick higher from earlier estimates.

StatCan said a work stoppage among Air Canada flight attendants hampered air transportation activity in August. That subsector was down 4.6 per cent in the month, marking its steepest decline since the COVID-19 pandemic.

The wholesale trade industry and the mining and quarrying subsectors posted decline

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