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Statistics Canada reports manufacturing sales up 1.4% in May

By CP STAFF   

General Manufacturing Economy manufacturing Manufacturing sales Statistics Canada

An improvement over April's 1.1% drop and ahead of economists' projections.

OTTAWA — Statistics Canada says manufacturing sales increased 1.4% to $57.1 billion in May.

The improvement followed a drop of 1.1% in April.

Economists had expected an increase of 0.5% in May, according to those polled by Thomson Reuters Eikon.

Statistics Canada says sales rose in 14 of 21 industries, led by the chemical, machinery, and wood product industries.

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The transportation equipment industry posted the largest decline.

Manufacturing sales in constant dollars were up 0.9%.

 

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