Canada manufacturing gross sales for November Zero.eight% versus Zero.5% estimate

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  • Prior month +2.1%
  • Canada manufacturing Zero.eight% versus Zero.5% estimate
  • Wholesale commerce for November -Zero.2% versus -Zero.7% estimate. Prior month 1.Zero %
  • Gross sales had been increased gross sales in 13 of 21 subsectors

Different particulars:

  • Aerospace Merchandise & Components: Gross sales elevated 9.three%, driving the general achieve. Highest stage on document
  • Petroleum & Coal Merchandise: Gross sales rose 2.6%.
  • Motor Automobile Components: Largest lower, down three.7% to $2.eight billion in November.
  • Manufacturing Gross sales (12 months-over-12 months): Decreased Zero.four% in November.
  • Gross sales in Fixed : Unchanged in November.
  • Industrial Product Worth Index: Elevated Zero.6% in November.

Regionally talking:

  • Manufacturing Gross sales (Provinces): Elevated in 5 provinces in November, led by Ontario (+2.Zero%) and Quebec (+1.four%); largest decline in New Brunswick (-7.6%).
  • Ontario Gross sales (Month-to-month): Rose 2.Zero% to $31.2 billion, marking the third consecutive month-to-month improve.
    • Key Drivers: Petroleum and coal merchandise (+12.5%), fabricated metallic merchandise (+7.three%).
    • Offsetting Decline: Motorized vehicle elements gross sales fell four.1%.
    • Annual Change: Whole gross sales in Ontario down 2.three% year-over-year.
  • Quebec Gross sales (Month-to-month): Elevated 1.four% to $18.four billion.
    • Key Drivers: Aerospace merchandise and elements (+12.four%), main metals (+2.7%).
    • Annual Change: Whole gross sales in Quebec up 2.three% year-over-year.

This text was written by Emma Wang at www.ubaidahsan.com.



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