Tuesday, May 26, 2020 | ePaper

BREAKING NEWS:

Canadian manufacturing sales continue down

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Xinhua, Ottawa :
Canadian manufacturing sales fell 1.3 percent to 57.2 billion Canadian dollars (about 43.2 billion U.S. dollars) in July after a 1.4 percent decline in June, according to Statistics Canada on Tuesday.
Sales were down in 11 industries in July, representing 66.8 percent of total manufacturing sales. The fall in July was mainly due to lower sales in the primary metal and motor vehicle industries.
Sales in the primary metal industry fell 7.3 percent in July. Every primary metal industry except alumina and aluminum production and processing reported lower sales.
In particular, sales of iron and steel mills and ferro-alloy products decreased 14.8 percent due to lower quantities sold and maintenance shutdowns at some plants.
Sales of motor vehicles decreased 4.7 percent in July, the second consecutive monthly decline.
The decrease in motor vehicle sales was partially the result of an extended shutdown at a major assembly plant attributable to maintenance projects to support new model production.
The sales of the fabricated metal product fell 3.2 percent and railroad rolling stock sale declined 26.7 percent while sales of computer and electronic product dropped 6 percent.

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