Manufacturing sales down in April

by The Canadian Press (CPSTF)

OTTAWA, Ontario—Statistics Canada says manufacturing sales fell 2.1 percent to $49.8 billion in April as sales of food, aerospace products and parts, and petroleum and coal products dropped.

Economists had expected a drop of 0.5 percent, according to Thomson Reuters.

It was the third decline in four months.

Sales were lower in eight of 21 industries, accounting for nearly two-thirds of total Canadian manufacturing.

In constant dollar terms sales fell 1.0 percent, indicating that a lower volume of goods was sold in April.

April sales dropped in every province except Manitoba with nearly two-thirds of the overall decline attributable to Quebec where sales fell 5.4 percent.