Statistics Canada says manufacturing sales rose 0.5 per cent in August


Statistics Canada says manufacturing gross sales rose 0.5 per cent to $60.3 billion in August, helped by features within the petroleum and coal sector and better chemical gross sales.

The general enhance adopted a decline of 1.2 per cent in July.

The rise got here as petroleum and coal product gross sales climbed 7.3 per cent to $6.6 billion in August to succeed in their highest degree since Might 2019.

Chemical gross sales rose 6.3 per cent to a report excessive of $5.4 billion.

In the meantime, the continued scarcity of semiconductor chips damage the motorcar sector which noticed gross sales fall 8.7 per cent to $3.0 billion in August and wooden product gross sales dropped 17.1 per cent to $3.3 billion largely attributable to decrease softwood lumber costs.

General manufacturing gross sales in fixed greenback phrases rose 0.6 per cent in August, indicating a better gross sales quantity.

This report by The Canadian Press was first revealed Oct. 14, 2021

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