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Canadian manufacturing sales for May 2023 1.2% versus 0.8% expected

Prior month -0.1% revised from 0.3% previously reportedManufacturing sales rose by 1.2% to $72.9 billion in May, after a 0.1% decline in April (revised from 0.3%).Details of the report showManufacturing sales was driven primarily by increases in sales of chemical products (+4.8%), motor vehicles (+4.8%), and machinery (+4.2%). Primary metal manufacturing sales saw the biggest drop (-6.9%). On a year-over-year basis, total sales were up 0.2% in May.Total sales in constant dollars went up by 2.2%... Read More

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Canadian

Manufacturing

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2023

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Expected

Forex

Posted: Jul 14 2023, 12:30

Author Name: forexlive

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