Canada's manufacturing sales retreated 0.6 percent from a month earlier to CAD 57.9 billion in May of 2021, following a downwardly revised 1.7 percent drop in April and missed preliminary estimates of a 1.0 percent rise. It was the second straight month of declines, mainly weighed down by the machinery (-16.9 percent), chemical products (-2.0 percent), and fabricated metal (-1.8 percent) industries. Additionally, sales also fell in the food (-0.6 percent), non-metallic mineral (-2.9 percent), and motor vehicle parts (-1.4 percent) industries. In contrast, sales advanced at a record pace in the wood product industry (6.1 percent), due to higher prices. Excluding the effect from the transportation equipment industry, sales were down 0.7 percent, breaking a 12-month period of increases. On an annual basis, total sales surged 42.6 percent, due to baseline effects. 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 July of 2021.

Manufacturing Sales in Canada is expected to be 2.50 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 1.50 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.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 -1.70 23.10 -27.90 1981 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-25 12:30 PM Manufacturing Sales MoM Prel Apr -1.1% 3.5% 1.1%
2021-06-14 12:30 PM Manufacturing Sales MoM Final Apr -2.1% 4.0% -1.1% -1.1%
2021-06-24 12:30 PM Manufacturing Sales MoM Prel May 1.0% -2.1% 1.4%
2021-07-14 12:30 PM Manufacturing Sales MoM Final May -0.6% -1.7% 1% 1.0%
2021-08-16 12:30 PM Manufacturing Sales MoM Final Jun -0.6%
2021-09-14 12:30 PM Manufacturing Sales MoM Final Jul
2021-10-14 12:30 PM Manufacturing Sales MoM Final Aug
2021-11-15 01:30 PM Manufacturing Sales MoM Final Sep


News Stream
Canada Manufacturing Sales Unexpectedly Drop in May
Canada's manufacturing sales retreated 0.6 percent from a month earlier to CAD 57.9 billion in May of 2021, following a downwardly revised 1.7 percent drop in April and missed preliminary estimates of a 1.0 percent rise. It was the second straight month of declines, mainly weighed down by the machinery (-16.9 percent), chemical products (-2.0 percent), and fabricated metal (-1.8 percent) industries. Additionally, sales also fell in the food (-0.6 percent), non-metallic mineral (-2.9 percent), and motor vehicle parts (-1.4 percent) industries. In contrast, sales advanced at a record pace in the wood product industry (6.1 percent), due to higher prices. Excluding the effect from the transportation equipment industry, sales were down 0.7 percent, breaking a 12-month period of increases. On an annual basis, total sales surged 42.6 percent, due to baseline effects.
2021-07-14
Canada Manufacturing Sales Rebound in May
Canada's manufacturing sales went up 1.0 percent from a month earlier in May of 2021, rebounding from 2.1 percent drop in April on the back of a widespread recovery across Canadian industries, a flash estimate showed.
2021-06-24
Canada Manufacturing Sales Drop More than Expected
Canada's manufacturing sales dropped 2.1 percent from a month earlier to CAD 57.1 billion in April of 2021, following an upwardly revised 4.0 percent gain in March and almost double than market expectations of 1.1 percent decline. The latest reading pointed to the largest fall in manufacturing sales since last April’s record plunge, mostly weighed down by transportation equipment (-23.6 percent), amid a worsening global semiconductor chip shortage, which forced every major auto manufacturer to halt or slow down production. Additionally, sales fell in other 10 of 21 industries, including the petroleum & coal industry (-7.1 percent), due to planned maintenance shutdowns at some refineries; followed by sales of non-metallic mineral products (-5.6 percent); paper manufacturing (-0.7 percent); and plastic & rubber products (-1.5 percent). Excluding the effect from the transportation equipment industry, sales went up 1.1 percent, the 12th straight month of increases.
2021-06-14
Canada Manufacturing Sales Retreat in April
Manufacturing sales in Canada fell 1.1 percent month-over-month in April of 2021, mainly due to lower sales in the transportation equipment industry, preliminary estimates showed. It follows a 3.5 percent increase in March.
2021-05-25

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.