Source: Statistics Canada
Current dollar manufacturing sales in Canada continued their broadly-based advance in July, rising 2.7% to $54.1 billion, a fourth consecutive monthly increase. Manufacturers last reported four consecutive months of growth in the first half of 2002.
Overall, 17 out of the 21 manufacturing industries increased compared with June, accounting for over 97% of total sales.
Most of the sales gains in July were due to higher volumes, in contrast to the price-induced increases observed in recent months. In 2002 constant dollar prices, July sales increased 2.0% to $48.2 billion, the highest level since November 2007.
Durable Goods …
