Statistics Canada says manufacturing sales up 1.2 per cent

Ottawa –

Manufacturing Sales According to Statistics Canada After falling 0.1% in April, it increased 1.2% in May to $72.9 billion.

Chemicals sales rose 4.8% to $5.9 billion in May, boosting overall month growth on higher sales of pesticides, fertilizers and other agrochemical products in Alberta and pharmaceuticals and pharmaceuticals in Ontario. rice field.

Auto sales rose 4.8% to $4.9 billion in May after falling 3.6% in April as the supply of semiconductor chips continues to improve.

Meanwhile, sales of primary metals fell 6.9% to $5.2 billion.

Statistics Canada said lower demand led to a contraction in manufacturing activity around the world, particularly in China, and reduced sales in the non-ferrous metals (except aluminium) production and processing industry.

Overall sales on a fixed dollar basis increased 2.2% in May, indicating an increase in the volume of merchandise sold.

This report by the Canadian Press Agency was first published on July 14, 2023.

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