Canada's manufacturing sales likely grew 3.5 percent from a month earlier in March of 2021, the strongest gain since last July, after a 1.6 percent fall in February, a flash estimate showed. The increase is mostly attributable to higher sales in the transportation equipment and the petroleum and coal product industries. source: Statistics Canada
Manufacturing Sales in Canada averaged 0.31 percent from 1981 until 2021, reaching an all time high of 23.10 percent in June of 2020 and a record low of -27.90 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 May of 2021.
Manufacturing Sales in Canada is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Sales in Canada to stand at 1.70 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 2.00 percent in 2022 and 1.60 percent in 2023, according to our econometric models.