Canadian manufacturing sales up 1.1% in June
August 16, 2018 By The Canadian Press
August 16, 2018 – Statistics Canada says manufacturing sales rose more than expected in June, boosted by the petroleum and coal product industry.
The agency says manufacturing sales were up 1.1 per cent to $58.1 billion in June.
Economists had expected an increase of 0.9 per cent in June, according to Thomson Reuters Eikon.
The move higher followed a 1.5 per cent increase in May.
The growth came as sales of petroleum and coal products increased 15.9 per cent in June, offset in part by a drop in chemical products, which fell 4.5 per cent in June.
In constant dollars, manufacturing sales were up 0.7 per cent in June.