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    15.06.2016 12:41 Canadian manufacturing shipments climb 1.0% in April

    15.06.2016 12:41

    Canadian manufacturing shipments climb 1.0% in April

     

    Statistics Canada released manufacturing shipments on Wednesday. Canadian manufacturing shipments climbed 1.0% in April, beating expectations for a 0.6% increase, after a 0.9% drop in March.

     

     

    The increase was mainly driven by higher sales in the petroleum and coal product, transportation equipment, and primary metal industries. Transportation equipment sales rose 2.1% in April, sales of petroleum and coal products jumped 8.3%, while sales of primary metals increased 3.9%.

     

     

    Inventories decreased 0.4% in April, mainly driven by a drop in transportation equipment.


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