Statistics Canada released its Monthly Survey of Manufacturing on Tuesday, which showed that the Canadian manufacturing sales fell 0.6 percent m-o-m in November to CAD57.02 billion, following a revised 0.2 percent m-o-m declined in October (originally a 0.7 percent m-o-m drop).

Economists had forecast a 0.3 percent m-o-m decrease for November.

According to the survey, sales decreased in 11 of 21 industries, representing 55.0 percent of total manufacturing sales. Lower sales in the primary metal (-11.7 percent m-o-m), chemical (-3.6 percent m-o-m) and food (-1.7 percent m-o-m) industries were partly offset by higher sales in the transportation equipment (+4.2 percent m-o-m) and fabricated metal (+4.7 percent m-o-m) industries.

Overall, sales of non-durable goods declined 1.3 percent m-o-m in November, while sales of durable goods were flat m-o-m.