Home / Market Update / Canada: Manufacturing Sales Decline in May

Canada: Manufacturing Sales Decline in May

Manufacturing Sales in Canada contracted by 0.6% on a monthly basis in May, the data published by Statistics Canada revealed on Wednesday. This reading followed April’s decline of 2.1% and came in worse than the market expectation for an increase of 1%.

Check Also

Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near …