Manufacturing Production in Canada decreased 25.44 percent in May of 2020 over the same month in the previous year.
Manufacturing Production in Canada averaged 0.61 percent from 1998 until 2020, reaching an all time high of 11.77 percent in March of 2000 and a record low of -29.44 percent in April of 2020. This page provides - Canada Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Production - values, historical data and charts - was last updated on August of 2020. source: Statistics Canada
Manufacturing Production in Canada is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Canada to stand at 0.30 in 12 months time. In the long-term, the Canada Manufacturing Production is projected to trend around 1.80 percent in 2021 and 1.50 percent in 2022, according to our econometric models.