Sat, 08 Aug 2020

Canada manufacturing sales up 10.7 percent in May

Xinhua
16 Jul 2020, 06:30 GMT+10

OTTAWA, July 15 (Xinhua) -- Canada's manufacturing sales surged 10.7 percent to 40.2 billion Canadian dollars (about 30 billion U.S. dollars) in May following a record 27.9 percent decline in April, according to Statistics Canada Wednesday.

Statistics Canada said the increase was due to the fact that many manufacturers restored operations in May following full or partial business shutdowns related to COVID-19 in April.

Nevertheless, total manufacturing sales in May were 28.4 percent below the pre-pandemic level in February.

Sales were up in 18 of 21 industries, led by motor vehicle, motor vehicle parts and petroleum and coal products industries.

In volumes terms, manufacturing sales rose 8.8 percent due to a higher volume of products sold in May.

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