Canadian Manufacturing

Statistics Canada says manufacturing sales down 0.6 per cent in November

Sales were down in 11 of 21 industries

January 22, 2020  The Canadian Press

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% to $57.0 billion in November, its third consecutive monthly decrease.

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

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

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

Canadian manufacturing sales volume fell 0.8%.