Canada September factory sales flat on aerospace, metals
FILE PHOTO: Workers make jackets at the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. REUTERS/Mark Blinch/File Photo
Nov 15 (Reuters) — Canadian factory sales were unchanged in September from August as higher sales in aerospace products and primary metals balanced out lower sales in petroleum and coal products, Statistics Canada said on Tuesday.
Excluding vehicles and parts, manufacturing sales were up 0.5%.
Month/month change (%)
Sep Aug(rev) Aug(prev)
Sales 0.0 -1.9 -2.0
Sales ex-autos +0.5 -1.9 -2.0
Inventories +1.3 +1.5 +1.3
Unfilled orders +1.5 +1.5 +1.5
New orders +0.1 +0.8 +0.6
Sep Aug(rev) Aug(prev)
Inv/sales ratio 1.73 1.71 1.70
NOTE: All figures are seasonally adjusted. Analysts surveyed by Reuters had forecast a 0.5% decrease in factory sales in September from August.
