Canada: Manufacturing sales fell 0.4% to $58.6 billion in August
|"Manufacturing sales fell 0.4% to $58.6 billion in August, following three consecutive monthly increases," Statistics Canada announced on Wednesday.
Key highlights
- The decline was mainly due to lower motor vehicle sales.
- Excluding this industry, manufacturing sales rose 0.4% in August.
- Sales were down in 7 of 21 industries, representing 50.9% of the Canadian manufacturing sector.
- After taking price changes into account, the volume of sales in the manufacturing sector edged down 0.3% in August.
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