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Canada October factory sales down 1.0% on chemicals, wood

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada October factory sales down 1.0% on chemicals, wood teaser image

Dec 15 (Reuters) - Canadian factory sales fell by 1.0% in October from September on lower sales in both the chemical and wood products subsectors, Statistics Canada said on Monday.

Excluding motor vehicles and parts, manufacturing sales were down 1.1%.

Month/month change (%)

Oct Sep(rev) Sep(prev)
Sales -1.0 +3.6 +3.3
Sales ex-autos -1.1 +3.0 +2.7
Inventories -0.7 +0.1 0.0
Unfilled orders +0.1 -0.3 -1.0
New orders -0.4 +2.0 +2.5

Oct Sep(rev) Sep(prev)
Inv/sales ratio 1.70 1.69 1.70

NOTE: All figures are seasonally adjusted. Analysts surveyed by Reuters forecast factory sales to decline 1.1% in October from September.

(Reporting by Dale Smith; Editing by Promit Mukherjee) ((promit.mukherjee@tr.com, opens new tab))

Keywords: CANADA ECONOMY/MANUFACTURING

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