Canada manufacturing sales for November 0.8% versus 0.5% estimate ...Middle East

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Canada manufacturing sales for November 0.8% versus 0.5% estimate
source : forex live ( Middle East ) () 56
Prior month +2.1%Canada manufacturing 0.8% versus 0.5% estimateWholesale trade for November -0.2% versus -0.7% estimate. Prior month 1.0 percentSales were higher sales in 13 of 21 subsectors

Other details:

Aerospace Products & Parts: Sales increased 9.3%, driving the overall gain. Highest level on recordPetroleum & Coal Products: Sales rose 2.6%.Motor Vehicle Parts: Largest decrease, down 3.7% to $2.8 billion in November.Manufacturing Sales (Year-over-Year): Decreased 0.4% in November.Sales in Constant Dollars: Unchanged in November.Industrial Product Price Index: Increased 0.6% in November.

Regionally speaking:

    Manufacturing Sales (Provinces): Increased in 5 provinces in November, led by Ontario (+2.0%) and Quebec (+1.4%); largest decline in New Brunswick (-7.6%).Ontario Sales (Monthly): Rose 2.0% to $31.2 billion, marking the third consecutive monthly increase.Key Drivers: Petroleum and coal products (+12.5%), fabricated metal products (+7.3%).Offsetting Decline: Motor vehicle parts sales fell 4.1%.Annual Change: Total sales in Ontario down 2.3% year-over-year.Quebec Sales (Monthly): Increased 1.4% to $18.4 billion.Key Drivers: Aerospace products and parts (+12.4%), primary metals (+2.7%).Annual Change: Total sales in Quebec up 2.3% year-over-year. This article was written by Greg Michalowski at www.forexlive.com.

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