Canadian Manufacturing

Statistics Canada reports manufacturing sales up 1.5% in September

Statistics Canada says manufacturing sales in constant dollars rose 2.1%

November 16, 2020  The Canadian Press

OTTAWA — Statistics Canada says manufacturing sales rose 1.5% to $53.8 billion in September led by the wood, chemical and food industries.

The increase followed a revised drop of 1.4% in August compared with the 2.0% decrease that was initially reported.

The result for September matched the average expectations of economists surveyed by financial data firm Refinitiv.

Sales rose in 13 of the 21 manufacturing sectors as the wood industry climbed 9.6% in September to a record $3.3 billion due to higher sales at sawmills and wood preservation manufacturers.

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The chemical industry rose 6.7% to $4.5 billion, while the food industry increased 1.3 per cent to $9.2 billion for the month.

Statistics Canada says manufacturing sales in constant dollars rose 2.1%, indicating a larger volume of products was sold in September.