Canadian manufacturing sales edged up 0.1% to $52.2 billion in September after a sizeable 3.7% decrease in August.
However, measured in constant dollars, manufacturing sales rose 0.7% compared with August as a result of decreasing industrial product prices. The constant dollar measurement takes price fluctuations into account, providing an indicator of the volume of sales during the month. The constant dollar gain in September followed a notable 4.0% decrease in August.
At the industry level, 13 of 21 manufacturing industries increased in September.
By Sector
The transportation equipment industry (+1.1%) reported the largest gain in September, increasing for the fourth time in five months. …
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