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- Canadian manufacturing sales increased 1.4% to $57.1 billion in May, following a 1.1% decline in April
Canadian manufacturing sales increased 1.4% to $57.1 billion in May, following a 1.1% decline in April
Sales rose in 14 of 21 industries, representing 64% of total manufacturing sales. The chemical, machinery, and wood product industries accounted for most of the gains in May. The transportation equipment industry posted the largest decline.
In constant dollars, manufacturing sales were up 0.9%.
Sales in the chemical industry were up for the second consecutive month, rising 6.2% to $4.7 billion in May on higher volumes of products sold. There were widespread gains in most chemical sub-industries, particularly in the pesticide, fertilizer and other agricultural chemical manufacturing industry.
Machinery sales rose 8.9% to $3.3 billion, following three consecutive monthly declines. Higher sales of other general-purpose machinery as well as commercial and service machinery led the gains.
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