Home
News
默认头像

Canadian Manufacturing Sales Fall 1 Percent in May

2024-06-22OANDAOANDA
Statistics Canada says manufacturing sales fell 1.0 per cent to $49.9 billion in May. Economists had expected a drop of 0.7 per cent, according to Thomson Reuters. The decline came as sales of motor vehicles and petroleum and coal products dropped. Motor vehicle sales fell 4.2 per cent to $5.6 billion, while sales of motor […]

Statistics Canada says manufacturing sales fell 1.0 per cent to $49.9 billion in May.

Economists had expected a drop of 0.7 per cent, according to Thomson Reuters.

The decline came as sales of motor vehicles and petroleum and coal products dropped.

Motor vehicle sales fell 4.2 per cent to $5.6 billion, while sales of motor vehicle parts declined 2.3 per cent.

Sales in the petroleum and coal products industry fell 2.2 per cent to $4.1 billion.

Sales fell in 15 of 21 industries, representing nearly 70 per cent of total manufacturing.

Constant dollar sales fell 2.1 per cent, indicating that a lower volume of manufactured goods was sold in the month.

Disclaimers

The article is sourced from oanda with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.