• Canadian manufacturing sales rose for the third consecutive month

Market news

17 March 2017

Canadian manufacturing sales rose for the third consecutive month

Manufacturing sales rose for the third consecutive month, up 0.6% to $53.8 billion in January. The gain stemmed from a 2.3% increase in non-durable goods sales, led by the petroleum and coal, and chemical industries.

Sales were up in 14 of 21 industries, representing 75.4% of the total Canadian manufacturing sector.

In constant dollars, sales increased 0.7%, indicating that higher volumes of manufactured goods were sold in January.

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