Canadian manufacturing sales rose 1.4% in July, led by a 6.7% increase in petroleum and coal product sales.

In July, Canadian manufacturing sales rose 1.4% to $71 billion, according to Statistics Canada. This growth was primarily fueled by a 6.7% increase in petroleum and coal product sales, reaching $8.6 billion, along with a 5.3% rise in chemical product sales to $5.6 billion. However, wood product sales declined 4.8% to $2.9 billion. Overall, manufacturing sales increased by 0.9% in constant dollar terms, following a 1.7% drop in June.

September 16, 2024
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