• Canadian manufacturing shipments are up 1.2% in June

Market news

14 August 2015

Canadian manufacturing shipments are up 1.2% in June

Statistics Canada released manufacturing shipments on Friday. Canadian manufacturing shipments rose 1.2% in June, missing forecasts of a 2.1% increase, after a 0.2% gain in May. May's figure was revised up from a 0.1% rise.

The rise was partly driven by higher sales of chemical products and motor vehicles. Sales of chemical products climbed 5.4% in June, while sales of motor vehicles rose 4.2%.

Sales increased in 18 of 21 categories.

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