Manufacturing sales up slightly in September, StatsCan says
by The Canadian Press
Agency says gain largely a result of higher sales in motor vehicle assembly, food industries
OTTAWA—Statistics Canada says manufacturing sales rose 0.6 per cent in September to $49.9-billion, the fourth increase in five months and slightly better than expected.
The agency says the gain in September was largely a result of higher sales in the motor vehicle assembly and food industries.
Sales rose in 11 of 21 industries, representing about 55 per cent of manufacturing.
The improvement was one-tenth of a point above an estimate of 0.5 per cent growth.
Statistics Canada said both the durable and the non-durable goods industries posted 0.6 per cent sales gains in September.
Constant dollar sales increased one per cent in September, indicating a rise in volumes.
In the motor vehicle assembly industry, sales were up 5.4 per cent to $4.7-billion in September, while food sales rose 2.6 per cent to $7.5-billion, the largest increase since December 2012.