- +2.1% on the previous month
- Canadian manufacturing 0.8% compared to 0.5% estimate
- Wholesale trade for November -0.2% against -0.7% estimate. Previous month 1.0 percent
- Sales were higher in 13 of 21 sub-sectors
Other details:
- Aerospace Products & Parts: Sales increased 9.3%, leading the overall gain. The highest rate ever recorded
- Petroleum & Coal Products: Sales rose 2.6%.
- Motor vehicle parts: The biggest decrease, down 3.7% to $2.8 billion in November.
- Manufacturing Sales (Year-over-year): Decreased 0.4% in November.
- Sales in Dollars Constant: No Change in November.
- Industrial Goods Price Index: Up 0.6% in November.
Regionally speaking:
- Manufacturing sales (Region): Increases in 5 provinces in November, led by Ontario (+2.0%) and Quebec (+1.4%); Greatest decline in New Brunswick (-7.6%).
- Ontario Sales (Monthly): Rose 2.0% to $31.2 billion, marking the third consecutive monthly increase.
- Main drivers: Petroleum and coal products (+12.5%), fabricated metal products (+7.3%).
- Against decline: Sales of auto parts fell 4.1%.
- Annual change: Total sales in Ontario down 2.3% year over year.
- Quebec Sales (Monthly): Increase 1.4% to $18.4 billion.
- Main drivers: Aerospace products and parts (+12.4%), primary metals (+2.7%).
- Annual change: Total sales in Quebec were up 2.3% year over year.
This article was written by Greg Michalowski at www.forexlive.com.
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