2023-05-16 15:32:27
(Ottawa) Manufacturing sales rose 0.7% to $72.3 billion in March, boosted by gains in the motor vehicle, aerospace products and parts, and primary metal manufacturing industries, it said Tuesday. Statistics Canada.
This advance followed a 3.6% decline in February.
Motor vehicle sales climbed 8.6% to 4.7 billion in March, following falling 11.8% in February.
The aerospace products and parts group saw sales jump 18.8% to $2.1 billion in March, reaching their highest level since March 2020. Sales in the primary metal manufacturing industry gained 4.6% to 6.0 billion in March, thanks to price and volume increases.
Sales of petroleum and coal products fell 2.0% due to lower prices.
Expressed in constant dollars, manufacturing sales rose 1.1% in March, signaling an increase in the volume of goods sold during the month.
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