Home
News
Manufacturing sales down 0.6 percent…

Manufacturing sales down 0.6 percent in November

OTTAWA – Canadian manufacturing sales fell more than expected in November as sales in the primary metal, chemical and food industries moved lower, offset in part by gains in the transportation and fabricated metal industries.

Statistics Canada says the value of manufacturing sales fell 0.6 percent to $57.0 billion in November, its third consecutive monthly decrease.

Economists had expected a drop of 0.2 percent, according to financial markets data firm Refinitiv.

Sales were down in 11 of 21 industries, representing 55.0 percent of total manufacturing sales.

Non-durable goods fell 1.3 percent to $27.0 billion, while sales of durable goods were unchanged.

Canadian manufacturing sales volume fell 0.8 percent.

Related Posts

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *