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- Canadian manufacturing sales fell 1.8% to $53.9 billion in June
Canadian manufacturing sales fell 1.8% to $53.9 billion in June
Manufacturing sales fell 1.8% to $53.9 billion in June, following three consecutive monthly gains. The declines were mainly due to lower sales in the petroleum and coal product, transportation equipment, and chemical industries.
Sales were down in 15 of 21 industries, representing 72.1% of the manufacturing sector in Canada. Sales of non-durable goods declined 2.2%, while sales of durable goods were down 1.5%.
Sales in the petroleum and coal product industry decreased 7.1% to $4.6 billion in June, following a 3.0% decline in May. Lower prices for petroleum and coal products (-4.1%) and lower volumes, particularly in eastern refineries, contributed to the decline in June. Constant dollar sales of petroleum and coal products fell 3.5%.
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