Canada's manufacturing sales fall 1.7% in June

Canada's manufacturing sales fall 1.7% in June

Sales of petroleum, coal products plummet 8.3%

By Ovunc Kutlu

ISTANBUL (AA) - Canada's manufacturing sales fell 1.7% to $71.5 billion in June, according to figures released Tuesday by Statistics Canada.

The market expected the figure to show a 2% decline while manufacturing sales showed a gain of 1.2% in May.

In June, 14 of 21 subsectors showed declines in manufacturing sales.

Sales of petroleum and coal products plummeted 8.3%, while chemical and machinery fell 6.5% and 5.5%, respectively.

Motor vehicle sales, on the other hand, increased the most by rising 11.4% to reach $5.6 billion in June, Statistics Canada said in a statement.

Manufacturing sales fell in five provinces in June, led by Alberta and Ontario, while sales in Quebec increased the most, it added.


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