Statistics Canada reports Manufacturing sales up 2.1 per cent in March

OTTAWA — Statistics Canada says manufacturing sales increased 2.1 per cent to $58.0 billion in March, boosted by the transportation equipment, petroleum and coal product, and primary metal industries.

Economists had expected a 1.1 per cent increase for the month, according to Thomson Reuters Eikon.

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Sales were up in 12 of 21 industries, representing 56.4 per cent of the Canadian manufacturing sector.

Sales of transportation equipment increased 4.5 per cent to $11.1 billion in March, helped by a 6.5 per cent increase in motor vehicle sales.

The petroleum and coal product industry reported sales rose 8.2 per cent to $6.2 billion, while primary metal sales climbed 5.3 per cent to $4.4 billion.

Overall manufacturing sales rose 1.6 per cent in volume terms.

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