Canada's manufacturing sales fell 1 percent from a month earlier in February of 2021, following a 3.1 percent rise in the previous month, a flash estimate showed. It is the strongest decrease in manufacturing sales since last August, amid lower sales in the transportation equipment industry. source: Statistics Canada

Manufacturing Sales in Canada averaged 0.31 percent from 1981 until 2021, reaching an all time high of 23.10 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 April of 2021.

Manufacturing Sales in Canada is expected to be 0.90 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 1.40 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 2.00 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 3.10 23.10 -27.90 1981 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-25 01:30 PM Manufacturing Sales MoM Prel Dec 0.6% -0.6%
2021-02-15 01:30 PM Manufacturing Sales MoM Dec 0.9% -0.4% 0.6% 0.6%
2021-03-15 12:30 PM Manufacturing Sales MoM Jan 3.1% 1.3% 2.5% 0.4%
2021-03-24 12:30 PM Manufacturing Sales MoM Prel Feb -1% 3.1%
2021-04-15 12:30 PM Manufacturing Sales MoM Feb 3.1% -1% -1%
2021-05-14 12:30 PM Manufacturing Sales MoM Mar
2021-06-14 12:30 PM Manufacturing Sales MoM Apr
2021-07-14 12:30 PM Manufacturing Sales MoM May


News Stream
Canada Manufacturing Sales Shrink in February
Canada's manufacturing sales fell 1 percent from a month earlier in February of 2021, following a 3.1 percent rise in the previous month, a flash estimate showed. It is the strongest decrease in manufacturing sales since last August, amid lower sales in the transportation equipment industry.
2021-03-24
Canada Manufacturing Sales Growth Beats Forecasts
Canada's manufacturing sales surged 3.1 percent from a month earlier to CAD 56.2 billion in January of 2021, following an upwardly revised 1.3 percent rise in December and beating market expectations of a 2.5 percent gain. It was the largest increase in manufacturing sales since last July. Sales were up in 16 of 21 industries, driven mainly by wood products (+9.1 percent), computer and electronic products (+22.4 percent), and primary metals (+6 percent), such as iron and steel mills and ferro-alloy. Sales also grew for the non-metallic mineral product (+16.8 percent), plastics and rubber products (+6.9 percent), and food (+2.0 percent) industries. Conversely, motor vehicle manufacturing posted the largest decline (-8.2 percent), as the global shortage of semiconductor chips affected the motor vehicle industry across North America and halted production in many auto assembly plants in Ontario.
2021-03-15
Canada Manufacturing Sales Rebound Faster than Initially Thought
Canada's manufacturing sales increased 0.9 percent from a month earlier to CAD 54.2 billion in December 2020, rebounding from a downwardly revised 0.4 percent fall in November and above preliminary estimates of a 0.6 percent gain. Sales were up in 9 of 21 industries, led by the wood product, transportation equipment, and petroleum and coal product industries. Wood product sales increased 8.3% to a record high of CAD 3.7 billion and sales in the transportation equipment industry rose 2.3% to CAD 9.2 billion. Also, petroleum and coal product sales rose for the third consecutive month, up 4.7 percent to CAD 4.2 billion. On a quarterly basis, sales rose 1.1% in the fourth quarter.
2021-02-15
Canada Manufacturing Sales Recover in December
Canada's manufacturing sales rose 0.6 percent from a month earlier in December of 2020, following a 0.6 percent decrease in the previous month, a flash estimate showed. The increase reflects widespread growth, particularly in the wood products and transportation equipment industries.
2021-01-25

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.