Canada Sept mftg sales data now out 16 Nov
- 1.4% prev revised up from 1.4% prev
Stronger than expected but weaker than prev
Manufacturing sales rose 0.5% to $53.7 billion in September, reflecting higher sales in the petroleum and coal product industry.
Overall, sales were up in 7 of 21 industries, representing 28.9% of the Canadian manufacturing sector. Sales of non-durable goods rose 1.7% to $25.4 billion, while sales of durable goods decreased 0.5% to $28.4 billion.
In constant dollars, sales increased 0.7%, indicating that higher volumes of manufactured goods were sold in September
Sales in the petroleum and coal product industry grew 10.3% to $5.5 billion in September, the third consecutive monthly gain. The increase reflected gains in prices and volumes for petroleum and coal product
Full report here
