Canada: Manufacturing sales fell 1.8% to $53.9 billion in June
|"Manufacturing sales fell 1.8% to $53.9 billion in June, following three consecutive monthly gains," the Statistics Canada announced today.
Key highlights:
- The declines were mainly due to lower sales in the petroleum and coal product, transportation equipment, and chemical industries
- ales were down in 15 of 21 industries, representing 72.1% of the manufacturing sector in Canada
- Sales of non-durable goods declined 2.2%, while sales of durable goods were down 1.5%
- Manufacturing inventories edged down 0.2% in June, for the second consecutive month
- Unfilled orders fell 2.1% to $87.3 billion in June
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