• Canadian manufacturing sales rose for the fourth consecutive month

Market news

16 November 2016

Canadian manufacturing sales rose for the fourth consecutive month

Manufacturing sales rose for the fourth consecutive month, up 0.3% to $51.5 billion in September. The gain reflected higher sales in the transportation equipment and fabricated metal industries.

Sales were up in 12 of 21 industries, representing 70.1% of the total manufacturing sector.

In constant dollar terms sales edged down 0.2%, indicating that lower volumes of manufactured goods were sold in September. Prices for the manufacturing sector rose 0.4% in September according to the Industrial Product Price Index.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.