Canada's manufacturing sales rise 0.4% in September

By Ovunc Kutlu

ISTANBUL (AA) - Canada's manufacturing sales rose 0.4% to $72.8 billion in September, according to figures released Wednesday by the country's statistical agency.

The market expected the figure to show a 0.1% decline, while manufacturing sales showed a gain of 1% in August.

In September, 10 of 21 subsectors showed increases in manufacturing sales.

Sales of petroleum and coal products jumped 6.3% to $9.1 billion in September, marking the highest level since January 2023, while machinery rose 1.3%, said Statistics Canada in a statement.

Those gains, however, were partially offset by lower sales of chemicals with a 1.8% decline and motor vehicle parts that fell 2.6%.

Manufacturing sales rose in five provinces during the month of September, led by Alberta and Quebec, while sales in Ontario decreased the most, the statistical agency added.