Statistics Canada says manufacturing sales fall 0.9 per cent in March | iNFOnews | Thompson-Okanagan's News Source

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Statistics Canada says manufacturing sales fall 0.9 per cent in March

May 17, 2016 - 5:48 AM

OTTAWA - Statistics Canada says manufacturing sales fell 0.9 per cent to $50.0 billion in March, due to lower sales of transportation equipment and primary metals.

It was the second consecutive monthly decline.

Economists had expected a drop of 1.8 per cent, according to Thomson Reuters.

Statistics Canada says sales were down in 16 of 21 industries.

Transportation equipment sales fell 3.4 per cent to $10.8 billion in March, while primary metal sales fell 5.6 per cent to $3.5 billion.

In constant dollar terms, sales were up 0.1 per cent in March, suggesting that higher volumes of manufactured goods were sold.

News from © The Canadian Press, 2016
The Canadian Press

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