Manufacturing sales up 1 per cent to $57.1-billion in January, Statistics Canada says GlobeBusiness
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.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.
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