Canada | Manufacturing sales increase 1.4% in July

(Ottawa) Manufacturing sales rose 1.4% to $71 billion nationally in July, led by higher sales in the petroleum and coal and chemical subsectors, Statistics Canada said.


The increase follows a 1.7% drop in June.

The agency said sales in the petroleum and coal products subsector rose 6.7 percent to $8.6 billion in July, with most refineries selling more, helped by higher prices and demand.

Sales of chemicals jumped 5.3% to $5.6 billion in July, driven by higher sales of pharmaceuticals and medicines.

Sales of wood products fell 4.8% in July to $2.9 billion, the lowest level since May 2023.

In constant dollars, overall manufacturing sales increased 0.9% in July.


source site-55

Latest