Manufacturing sales in Canada jumped 20.7 percent over a month earlier to CAD 48.7 billion in June 2020, recovering further from a record 27.9 percent slump in April and 10.3 percent decline in March and beating market expectations of a 16.4 percent rise. It was the largest increase in manufacturing sales on record, as many manufacturers resumed operations following full or partial shutdowns related to COVID-19 in April. Sales were up in all 21 industries, led by the motor vehicle and motor vehicle parts industries. Excluding these two industries, manufacturing sales increased 10.3%. Still, total manufacturing sales in June were 13.2% below their pre-pandemic level in February.

Manufacturing Sales in Canada averaged 0.28 percent from 1981 until 2020, reaching an all time high of 20.70 percent in June of 2020 and a record low of -27.90 percent in April of 2020. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Canada

Manufacturing Sales in Canada is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Sales in Canada to stand at 1.30 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
20.70 11.60 20.70 -27.90 1981 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-14 12:30 PM Manufacturing Sales MoM Mar -9.2% 0.4% -5.7% -6%
2020-06-15 12:30 PM Manufacturing Sales MoM Apr -28.5% -9.8% -20% -18%
2020-07-15 12:30 PM Manufacturing Sales MoM May 10.7% -27.9% 9.5% 10%
2020-08-14 12:30 PM Manufacturing Sales MoM Jun 20.7% 11.6% 16.4% 14.5%
2020-09-17 12:30 PM Manufacturing Sales MoM Jul
2020-10-16 12:30 PM Manufacturing Sales MoM Aug
2020-11-19 01:30 PM Manufacturing Sales MoM Sep


News Stream
Canada Manufacturing Sales Rises Most on Record
Manufacturing sales in Canada jumped 20.7 percent over a month earlier to CAD 48.7 billion in June 2020, recovering further from a record 27.9 percent slump in April and 10.3 percent decline in March and beating market expectations of a 16.4 percent rise. It was the largest increase in manufacturing sales on record, as many manufacturers resumed operations following full or partial shutdowns related to COVID-19 in April. Sales were up in all 21 industries, led by the motor vehicle and motor vehicle parts industries. Excluding these two industries, manufacturing sales increased 10.3%. Still, total manufacturing sales in June were 13.2% below their pre-pandemic level in February.
2020-08-14
Canada Manufacturing Sales Recover at Record Pace
Manufacturing sales in Canada jumped 10.7 percent over a month earlier to CAD 40.2 billion in May 2020, following a downwardly revised record 27.9 percent slump in the previous month and beating market expectations of a 9.5 percent rise. It was the largest increase in manufacturing sales on record, as many manufacturers resumed operations following full or partial shutdowns related to COVID-19 in April. Sales were up in 18 of 21 industries, in particular transport equipment (81.7%), namely motor vehicle (CAD 983.5 million) and motor vehicle parts (CAD 439.8 million); petroleum & coal product industry (18.6%); miscellaneous manufacturing (92.6%); printing (91.6%); clothing (90.4%), furniture (89.6%); leather and allied product (89.0%) and textile mills (88.7%). Sales advanced in eight provinces in May, led by Ontario and Quebec.
2020-07-15
Canada Manufacturing Sales Drop the Most on Record
Manufacturing sales in Canada slumped 28.5 percent over a month earlier to CAD 36.4 billion in April, following an upwardly revised 9.8 percent drop and compared with market expectations of a 20 percent plunge. It was the largest decline in manufacturing sales on record, as factories operated at limited capacity or ceased operations completely amid the coronavirus pandemic. Sales were down in all 21 industries, led by transportation equipment (-76.4%, the largest decrease on record), namely motor vehicles (-97.5%); petroleum & coal product industries (-46.4%, biggest decline on record); food (-12.8%); fabricated metal product (-26.1%); plastic & rubber (-31%); primary metal (-16.4%); machinery (-16.4%) and wood (-19%). Manufacturing sales were down in every province in April, in particular in Ontario (-37.1%) and Quebec (-26.7%).
2020-06-15
Canada Manufacturing Sales Fall the Most in Over 11 Years
Manufacturing sales in Canada dropped 9.2% over a month earlier to CAD 50.8 billion in March 2020, after a downwardly revised 0.4% gain in February and compared with forecasts of a 5.7% fall. It was the biggest decline in manufacturing sales since December 2008, as many plants were shut down or faced lower demand due to the coronavirus pandemic. Sales were down in 17 of 21 industries, led by transportation equipment (-26.5%), namely motor vehicles (-33.8%) and petroleum & coal products (-32.2%), as refineries curtailed production in response to the world oil supply glut and falling demand. Also, sales fell for plastic & rubber (-10.9%); primary metal (-7.4%); fabricated metal product (-4.9%); furniture (-16.6%); non-metallic mineral products (-11.7%); printing (-16.2%) and machinery (-3.9%). In contrast, sales rose for food (8.2%); paper (8.4%); and beverage & tobacco (6.7%). Considering the first quarter of the year, manufacturing sales went down 4.4%.
2020-05-14

Canada Manufacturing Sales MoM
In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.