off-the-wire

Canada March factory sales down 2.1% on petroleum, autos

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada March factory sales down 2.1% on petroleum, autos teaser image

May 15 (Reuters) - Canadian factory sales fell by 2.1% in March from February on lower sales of petroleum and coal products, as well as motor vehicles, Statistics Canada said on Wednesday.

Excluding motor vehicles and parts, manufacturing sales were down 1.7%.

Month/month change (%)
Mar Feb(rev) Feb(prev)
Sales -2.1 +0.9 +0.7
Sales ex-autos -1.7 +1.0 +0.8
Inventories 0.0 -1.0 -0.7
Unfilled orders -0.8 +0.9 +0.8
New orders -4.7 +2.0 +1.9
Mar Feb(rev) Feb(prev)
Inv/sales ratio 1.73 1.69 1.68

NOTE: All figures are seasonally adjusted. Analysts surveyed by Reuters forecast manufacturing sales to decrease 2.8% in March

(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/MANUFACTURING

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