Statistics Canada reports manufacturing sales up 1.0 per cent in January
FILE - In this Friday, May 6, 2016, file photo, Tina Nguyen works on a 2017 Chrysler Pacifica on an assembly line at the Windsor Assembly Plant, in Windsor, Ontario. (AP Photo/Carlos Osorio, File)
The Canadian Press
Published Friday, March 15, 2019 9:38AM EDT
OTTAWA - Statistics Canada says manufacturing sales climbed 1.0 per cent to $57.1 billion in January, boosted by higher sales in the food as well as the electrical equipment, appliance and component industries.
The agency says it was the first move higher following three consecutive months of declines.
Economists on average had expected an increase of 0.4 per cent for January, according to Thomson Reuters Eikon.
Sales were up in 15 of 21 industries, representing 55.9 per cent of total manufacturing sales.
Food manufacturing sales rose 2.8 per cent to $8.8 billion in January, following a 2.1 per cent drop in December, while the electrical equipment, appliance and component industry rose 13.0 per cent to $1.1 billion, following a 0.2 per cent move lower in December.
Manufacturing sales in volume terms rose 1.4 per cent.