Home / Market Update / Canada: Manufacturing Sales Decline by 1.5%

Canada: Manufacturing Sales Decline by 1.5%

Manufacturing Sales in Canada declined by 1.5% on a monthly basis to C$59.6 billion in July, the data published by Statistics Canada revealed on Tuesday. This reading followed June’s expansion of 2.1% and came in worse than the market expectation for a decrease of 1%.

Check Also

Asia stocks rebound as tech jitters ease; Japan, China lead gains and Australia’s exports surprise

Asian equities snapped back on Thursday, recovering part of the prior session’s slide as anxiety …