Statistics Canada announced on Friday that the country’s gross domestic product (GDP) grew 0.1 percent m-o-m in September, the same growth rate as in August.

That was in line with economists’ forecast for a gain of 0.1 percent m-o-m.

In the third quarter of 2019, the Canadian GDP rose 0.3 percent q-o-q, following a 0.9 percent q-o-q surge in the second quarter.

According to the report, third-quarter growth in GDP was led by higher business investment (+2.6 percent q-o-q, the fastest pace since the fourth quarter of 2017) and increased household spending (+0.4 percent q-o-q). These increases, however, were moderated by a 0.4 percent q-o-q drop in exports, while imports were flat q-o-q.

Expressed at an annualized rate, Canada’s GDP grew 1.3 percent in the third quarter after a revised 3.5 percent climb in the previous quarter (originally 3.7 percent), while economists had predicted it would grow 1.2 percent.