News

Canada manufacturing sales -2.1% versus -1.1% estimate


Canada manufacturing sales -2.1% versus -1.1% estimate




















Canada manufacturing sales for April

  • manufacturing sales -2.1 versus -1.1% estimate
  • prior month -3.5%
  • Sales fell in 11 of 21 industries.
  • Much of the decline was attributable to lower sales of transportation equipment and petroleum and coal products
  • machinery industry posted the largest sales gain followed by wood product and chemical industries.
  • Manufacturing sales declined in five provinces led by Ontario. Alberta posted the largest increase
  • Ontario sales fell -5.5% was the lowest since June 2020
  • Nova Scotia sales felt -14.8%
  • Alberta sales rose 6.5%, the eighth consecutive increase in the highest level since May 2019

Invest in yourself. See our forex education hub.


Articles You May Like

TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
Gold price soars to unseen highs amid high US yields, unfazed by US jobs data
Inflation Fears Resurface as Commodities Spike, Thwarting Central Bank Easing Hopes
5 reasons why gold miners make more money than gold investors
Reports that progress has been made in Gaza ceasefire talks

Leave a Reply

Your email address will not be published. Required fields are marked *