Manufacturing sales in Canada dropped 0.6 percent over a month earlier to CAD 57.0 billion in November 2019, following a downwardly revised 0.2 percent fall in the previous month and compared with market forecasts of a 0.2 percent decline. Sales went down in the primary metal industry (-11.7 percent, the largest decrease since December 2008), as many establishments were impacted by the rail transportation disruptions for part of the month; chemicals (-3.6 percent), namely pharmaceutical and medicine (-8.5 percent), resin, synthetic rubber, and artificial and synthetic fibres and filaments (-14.5 percent) and basic chemical (-7 percent); and food (-1.7 percent), in particular seafood (-27.6 percent) and meat products (-4.2 percent). Meanwhile, sales rose in the transportation equipment industry (4.2 percent), of which motor vehicle parts (8.8 percent) and aerospace product and parts (8.5 percent); and fabricated metal products (4.7 percent).
Manufacturing Sales in Canada averaged 0.30 percent from 1981 until 2019, reaching an all time high of 6.60 percent in August of 1998 and a record low of -9.20 percent in December of 2008. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Canada
Manufacturing Sales in Canada is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.