Statistics Canada reports manufacturing sales up 4.3% in October
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Statistics Canada says manufacturing sales rose 4.3 per cent in October, helped by gains in the auto sector and primary metal industry.
OTTAWA - Statistics Canada says manufacturing sales rose 4.3 per cent in October, helped by gains in the auto sector and primary metal industry.
The agency says manufacturing sales climbed $61.2 billion in October after posting a 2.8 per cent drop in September.
Sales increased in 17 of 21 industries in October as a rebound in motor vehicle sales helped boost the transportation equipment sector. Motor vehicle sales rose 61.0 per cent to $3.1 billion in October after falling 35.8 per cent in September.
Primary metal industry sales rose 4.0 per cent to $5.4 billion in October, driven by higher sales of alumina and aluminum products.
Sales of aerospace products and parts fell 8.3 per cent to $1.4 billion in October.
Statistics Canada says manufacturing sales in constant dollars rose 3.1 per cent in October, indicating a higher volume of goods sold, but also inflationary pressures.
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