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- Canadian manufacturing sales increased 1.6% to $53.5 billion in August, following two consecutive monthly declines
Canadian manufacturing sales increased 1.6% to $53.5 billion in August, following two consecutive monthly declines
The gain was mainly attributable to higher sales in the transportation equipment, and petroleum and coal product industries.
Sales were up in 8 of the 21 industries, representing 66% of the Canadian manufacturing sector.
Once price changes are taken into account, sales volume in the manufacturing sector rose 1.2% in August.
Sales in the transportation equipment industry rose 8.2% to $10.4 billion, after falling 13.6% in July. This growth was the result of gains in the motor vehicle (+12.9%) and motor vehicle parts (+5.7%) industries, primarily reflecting higher volumes generated by increased production after the longer-than-usual shutdowns of motor vehicle assembly plants in July. In constant dollars, sales volumes rose 13.3% in the motor vehicle and 5.8% in the motor vehicle parts industries in August.
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