Canada's manufacturing sales fall 0.9% in July for 3rd straight month

ANKARA

Canada's manufacturing sales fell 0.9% in July for the third consecutive month, according to figures released Wednesday by Statistics Canada.

The figure was in line with market expectations while manufacturing sales declined 0.1% in June.

The decline in July was led by the furniture industry which saw an 11.2% fall, followed by primary metal with 9.9%, and petroleum and coal products with 5.3%.

"The primary metal industry posted its largest decline on record, decreasing 9.9% to $5.6 billion in July, on lower prices and volumes sold," Statistics Canada said in a statement. "Following a 6.0% decline in June, sales of petroleum and coal products decreased 5.3% to $10.3 billion in July, on lower prices.”

They were offset by a 10.7% increase in motor vehicle parts with 10.7%, followed by paper products at 8.1%, and food with 2.5%.

While manufacturing sales declined in five of 10 provinces in Canada during July, sales in Quebec and Alberta fell the most, but New Brunswick posted the largest increase.

ANKARA

Canada's manufacturing sales fell 0.9% in July for the third consecutive month, according to figures released Wednesday by Statistics Canada.

The figure was in line with market expectations while manufacturing sales declined 0.1% in June.

The decline in July was led by the furniture industry which saw an 11.2% fall, followed by primary metal with 9.9%, and petroleum and coal products with 5.3%.

They were offset by a 10.7% increase in motor vehicle parts with 10.7%, followed by paper products at 8.1%, and food with 2.5%.

While manufacturing sales declined in five of 10 provinces in Canada during July, sales in Quebec and Alberta fell the most, but New Brunswick posted the largest increase.