Canadian manufacturing sales rose 4.1% to $73.9-billion in January, Statscan says

The figure for January was powered by gains in motor vehicle and petroleum and coal products sales

Statistics Canada says manufacturing sales rose 4.1 per cent to $73.9-billion in January, powered by gains in motor vehicle and petroleum and coal products sales.

The federal agency says sales in constant dollars were up 3.8 per cent in January, indicating that higher volumes played a significant role in the sales increase on a current dollar basis.Sales of motor vehicles increased for the third consecutive month, up 13.4 per cent to $4.8-billion in January 2023 – the highest level since July 2020.

The agency says sales in the petroleum and coal products industry increased 10.1 per cent to $10.3-billion in January, following two consecutive monthly declines. Statistics Canada says production in the aerospace product and parts industry declined 11.2 per cent to $1.6-billion in January following strong gains in December.

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Statistics Canada says manufacturing sales rose 4.1 per cent in January - BNN BloombergStatistics Canada says manufacturing sales rose 4.1 per cent to $73.9 billion in January, powered by gains in motor vehicle and petroleum and coal products sales.
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Manufacturing sales rose 4.1% in January: Statistics CanadaStatistics Canada says manufacturing sales rose 4.1 per cent to $73.9 billion in January.
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Manufacturing sales rose 4.1% in January: Statistics CanadaStatistics Canada says manufacturing sales rose 4.1 per cent to $73.9 billion in January.
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Manufacturing sales rose 4.1% in January: Statistics CanadaStatistics Canada says manufacturing sales rose 4.1 per cent to $73.9 billion in January.
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