Manufacturing Sales in Canada decreased 1.8% month-over-month in December of 2022, preliminary estimates showed. The largest decreases were in the petroleum and coal product, wood product and primary metal industries. source: Statistics Canada

Manufacturing Sales in Canada averaged 0.34 percent from 1981 until 2022, reaching an all time high of 21.20 percent in June of 2020 and a record low of -27.20 percent in April of 2020. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Manufacturing Sales in Canada is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 1.50 percent in 2024, according to our econometric models.

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Canada Manufacturing Sales MoM

Calendar GMT Actual Previous Consensus TEForecast
2023-01-16 01:30 PM Manufacturing Sales MoM Final Nov 0% 2.4% 0.5% 0.2%
2023-01-25 01:30 PM Manufacturing Sales MoM Prel Dec -1.8% 0% -0.9%
2023-02-15 01:30 PM Manufacturing Sales MoM Final Dec 0% -1.8%

Related Last Previous Unit Reference
Industrial Production Mom 0.10 -1.02 percent Nov 2022
Industrial Production 2.59 1.60 percent Nov 2022
Manufacturing Production 1.48 2.21 percent Nov 2022
Capacity Utilization 82.60 82.80 percent Sep 2022
New Orders 71412013.00 71591576.00 CAD THO Nov 2022
Changes in Inventories 56416.00 54661.00 CAD Million Sep 2022
Bankruptcies 238.00 206.00 Companies Oct 2022
Corporate Profits 116182.00 126367.00 CAD Million Sep 2022
Car Registrations 123874.00 132260.00 Units Nov 2022
Leading Economic Index 0.40 -0.10 percent Aug 2021
Wholesale Sales -1.80 0.50 percent Dec 2022
Manufacturing Sales -1.80 0.00 percent Dec 2022
Mining Production 4.62 1.35 percent Nov 2022

Canada Manufacturing Sales MoM
In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.
Actual Previous Highest Lowest Dates Unit Frequency
-1.80 0.00 21.20 -27.20 1981 - 2022 percent Monthly

News Stream
Canada Manufacturing Sales Stable in November
Manufacturing sales in Canada were flat from a month earlier in November of 2022, after a downwardly revised 2.4% rise in the prior month and compared with market estimates of a 0.5% increase. Higher sales of durable goods (+1.8%), led by motor vehicles (+12.7%) and fabricated metal products (+2.7%), were offset by lower sales of non-durable goods (-1.7%), led by the chemical (-4.4%) and petroleum and coal product (-2.1%) industries. Manufacturing sales increased in seven provinces in November, led by Ontario and Quebec, while Alberta and Manitoba recorded the largest declines. Compared with the same month last year, sales were up 12.8%.
Canada Manufacturing Sales Rise More than Initially Thought
Manufacturing sales in Canada rose 2.8% month-over-month in October of 2022, compared to the preliminary estimate of 2% and following an upwardly revised 0.1% increase in the prior month. It was the strongest increase in manufacturing sales since March. Sales increased in 12 of 21 industries, led by the petroleum and coal (+12.7%), food (+2.9%), chemical (+4.9%) and miscellaneous manufacturing (+13.3%) industries. Meanwhile, motor vehicles (-3.2%) and machinery (-1.7%) posted the largest monthly declines. Compared with the same month last year, total sales were up 16.5%.
Canada Manufacturing Sales to Rebound
Manufacturing sales in Canada likely rose 2% month-over-month in October of 2022, rebounding from a flat reading in September, preliminary estimates showed. The largest increases were in the food, chemical and petroleum and coal product industries. Figures beat forecasts of a much smaller 0.2% rise.