Canadian manufacturing sales fell 0.4 per cent in August: Statistics Canada
OTTAWA – Statistics Canada says manufacturing sales fell 0.4 per
cent to $58.6 billion in August, due to a drop in motor vehicle
Economists had expected a drop of 0.6 per cent, according to
Thomson Reuters Eikon.
Sales were down in seven of 21 industries tracked, representing
50.9 per cent of the Canadian manufacturing sector.
The motor vehicle industry saw sales fall 8.3 per cent to $4.9
billion in August, due to shutdowns in some assembly plants in
Excluding the auto sector, overall manufacturing sales were up
0.4 per cent in August.
The overall volume of sales in the manufacturing sector were down
0.3 per cent in August.