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Manufacturing sales up 0.8% in June: StatsCan

Sales of machinery and transportation equipment products led increases.

August 16, 2016   by CP Staff

OTTAWA — Statistics Canada says manufacturing sales gained 0.8% to $50.2 billion in June after losing 1% in May.

Economists had expected a gain of 0.7%, according to Thomson Reuters.

Statistics Canada says the increase was due to higher sales of machinery and transportation equipment products. On a constant dollar basis, overall sales gained 0.5%, indicating a higher volume of goods sold.

The machinery industry gained 5.8% at $2.7 billion, following five consecutive monthly declines, while the transportation equipment industry added 1.4% to total $10.7 billion in June.

Manufacturing sales in June were up in four provinces, led by Ontario.

Ontario rose 1.4% to $24.7 billion in June, while Alberta gained 1.8% to $5.2 billion. New Brunswick fell 4.1% to $1.3 billion.


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