Manufacturing sales in Canada fell 2.5 percent month-over-month in May of 2022, following a 1.7 percent rise in April, preliminary estimates showed. It was the first decline in manufacturing sales since last September, and the steepest drop since April of 2020, mainly due to lower sales in the motor vehicle and primary metal industries. source: Statistics Canada
Manufacturing Sales in Canada averaged 0.35 percent from 1981 until 2022, reaching an all time high of 21.20 percent in June of 2020 and a record low of -27.20 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 June of 2022.
Manufacturing Sales in Canada is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 1.60 percent in 2023, according to our econometric models.