Statistics Canada says manufacturing sales up 1.4% in July at $71B

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OTTAWA - Statistics Canada says manufacturing sales rose 1.4 per cent to $71 billion in July, helped by higher sales in the petroleum and coal and chemical product subsectors.

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Hey there, time traveller!
This article was published 16/09/2024 (705 days ago), so information in it may no longer be current.

OTTAWA – Statistics Canada says manufacturing sales rose 1.4 per cent to $71 billion in July, helped by higher sales in the petroleum and coal and chemical product subsectors.

The increase followed a 1.7 per cent decrease in June.

The agency says sales in the petroleum and coal product subsector gained 6.7 per cent to total $8.6 billion in July as most refineries sold more, helped by higher prices and demand.

Statistics Canada says manufacturing sales rose 1.4 per cent to $71.0 billion in July, helped by higher sales of petroleum and coal and chemical products. Pumpjacks draw out oil and gas from wellheads surrounded by Canola fields near Cremona, Alta., Monday, July 15, 2024. THE CANADIAN PRESS/Jeff McIntosh
Statistics Canada says manufacturing sales rose 1.4 per cent to $71.0 billion in July, helped by higher sales of petroleum and coal and chemical products. Pumpjacks draw out oil and gas from wellheads surrounded by Canola fields near Cremona, Alta., Monday, July 15, 2024. THE CANADIAN PRESS/Jeff McIntosh

Chemical product sales rose 5.3 per cent to $5.6 billion in July, boosted by increased sales of pharmaceutical and medicine products.

Sales of wood products fell 4.8 per cent for the month to $2.9 billion, the lowest level since May 2023.

In constant dollar terms, overall manufacturing sales rose 0.9 per cent in July.

This report by The Canadian Press was first published Sept. 16, 2024.

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