• Canadian manufacturing shipments climbed 2.1% in September

Market news

14 November 2014

Canadian manufacturing shipments climbed 2.1% in September

Statistics Canada released manufacturing shipments on Friday. Canadian manufacturing shipments climbed 2.1% in September, exceeding expectations for a 1.3% rise, after a 3.5% drop in August. August's figure was revised down from a 3.3 decline.

That was the eighth increase in nine months.

The increase was driven by strong aerospace sales. Aerospace sales climbed 22% in September, while motor vehicle sales gained 4.8%.

Primary metals sales were up 5.9%, shipments of petroleum and coal products fell 5.7%.

New orders jumped 4.6%.

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