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UPDATE 1-Canada Sept factory sales up by 0.2 pct on autos, parts

Published 2018-11-16, 08:39 a/m
Updated 2018-11-16, 08:40 a/m
© Reuters.  UPDATE 1-Canada Sept factory sales up by 0.2 pct on autos, parts

(Adds details of release, background)

OTTAWA, Nov 16 (Reuters) - Canadian factory sales edged up by 0.2 percent in September from August on higher shipments of autos as production ramped up after a series of assembly plant shutdowns, Statistics Canada said on Friday.

Analysts in a Reuters poll had forecast a 0.3 percent gain. Statscan revised August's decline to 0.5 percent from an initial 0.4 percent.

Sales were up in eight of 21 industries, representing 48.5 percent of total manufacturing sales.

Higher sales of autos and motor vehicle parts helped push up the transportation sector by 3.1 percent but this was partially offset by a 6.2 percent drop in sales in the machinery industry after four consecutive monthly increases.

Wood product sales fell by 2.9 percent, the fourth decline in a row, on lower demand and lower prices.

<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Graphic - Canadian manufacturing sales

http://link.reuters.com/nem27s Graphic - Canada economic snapshot

http://tmsnrt.rs/2e8hNWV

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