• Canadian manufacturing shipments fell 0.6% in October

Market news

16 December 2014

Canadian manufacturing shipments fell 0.6% in October

Statistics Canada released manufacturing shipments on Tuesday. Canadian manufacturing shipments fell 0.6% in October, missing expectations for a 0.4% drop, after a 2.2% rise in September. That was only the second fall in 2014.

September's figure was revised up from a 2.1 increase.

The decrease was driven by weaker aerospace and metal sales. Aerospace sales dropped 15.6% in October, while primary metals sales declined 5.5%.

Motor vehicle sales gained 1.8%.

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