Canada's manufacturing sales increased 0.9 percent from a month earlier to CAD 54.2 billion in December 2020, rebounding from a downwardly revised 0.4 percent fall in November and above preliminary estimates of a 0.6 percent gain. Sales were up in 9 of 21 industries, led by the wood product, transportation equipment, and petroleum and coal product industries. Wood product sales increased 8.3% to a record high of CAD 3.7 billion and sales in the transportation equipment industry rose 2.3% to CAD 9.2 billion. Also, petroleum and coal product sales rose for the third consecutive month, up 4.7 percent to CAD 4.2 billion. On a quarterly basis, sales rose 1.1% in the fourth quarter. source: Statistics Canada

Manufacturing Sales in Canada averaged 0.30 percent from 1981 until 2020, reaching an all time high of 23.10 percent in June of 2020 and a record low of -27.90 percent in April of 2020. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Manufacturing Sales in Canada is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Sales in Canada to stand at 1.40 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 2.00 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -0.40 23.10 -27.90 1981 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-15 01:30 PM Manufacturing Sales MoM Oct 0.3% 2.2% 0.6% 0.6%
2021-01-19 01:30 PM Manufacturing Sales MoM Nov -0.6% 0.3% -0.1% 0.0%
2021-01-25 01:30 PM Manufacturing Sales MoM Prel Dec 0.6% -0.6%
2021-02-15 01:30 PM Manufacturing Sales MoM Dec 0.9% -0.4% 0.6% 0.6%
2021-03-15 12:30 PM Manufacturing Sales MoM Jan 0.9%
2021-04-15 12:30 PM Manufacturing Sales MoM Feb
2021-05-14 12:30 PM Manufacturing Sales MoM Mar
2021-06-14 12:30 PM Manufacturing Sales MoM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Canada Manufacturing Sales Rebound Faster than Initially Thought
Canada's manufacturing sales increased 0.9 percent from a month earlier to CAD 54.2 billion in December 2020, rebounding from a downwardly revised 0.4 percent fall in November and above preliminary estimates of a 0.6 percent gain. Sales were up in 9 of 21 industries, led by the wood product, transportation equipment, and petroleum and coal product industries. Wood product sales increased 8.3% to a record high of CAD 3.7 billion and sales in the transportation equipment industry rose 2.3% to CAD 9.2 billion. Also, petroleum and coal product sales rose for the third consecutive month, up 4.7 percent to CAD 4.2 billion. On a quarterly basis, sales rose 1.1% in the fourth quarter.
2021-02-15
Canada Manufacturing Sales Recover in December
Canada's manufacturing sales rose 0.6 percent from a month earlier in December of 2020, following a 0.6 percent decrease in the previous month, a flash estimate showed. The increase reflects widespread growth, particularly in the wood products and transportation equipment industries.
2021-01-25
Canada Manufacturing Sales Fall for 1st Time in 3 Months
Canada's manufacturing sales decreased 0.6 percent from a month earlier to CAD 53.7 billion in November 2020, the first decline in three months and compared with market expectations of a 0.1 percent fall. Sales were down in 5 of 21 industries, driven mainly by the aerospace product and parts, motor vehicle, and motor vehicle parts industries. Sales in the transportation equipment industry decreased 9.1 percent to CAD 8.9 billion in November, following a 0.8 percent decline in October; while aerospace production fell 23.8 percent to CAD 1.2 billion, following a 5.5 percent decrease. In addition, motor vehicle sales decreased 5.7 percent to CAD 4.3 billion, following a 1.7 percent increase in October.
2021-01-19
Canada Manufacturing Sales Rise Less than Expected
Manufacturing sales in Canada edged up 0.3 percent over month earlier to CAD 54.1 billion in October of 2020, following an upwardly revised 2.2 percent increase in September and compared to forecasts of 0.6 percent. The increase in October was almost entirely attributable to non-durable industries, led by the paper, and petroleum and coal industries. Paper manufacturing sales rose 5.4 percent on higher sales in the pulp, paper and paperboard mills industries. In the petroleum and coal product industry, sales increased 3.1%, mainly due to higher prices. Year-on-year, sales were down 5.2 percent.
2020-12-15

Canada Manufacturing Sales MoM
In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.