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Statistics Canada says
manufacturing sales up 1.4% in July |
OTTAWA ¡ª 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. 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. Source: Canadian Press |