News | Forex Optimum

News

News

Canada’s manufacturing sales increase in line with expectations in March

Statistics Canada released its Monthly Survey of Manufacturing, which showed that the Canadian manufacturing sales climbed 3.5 percent m-o-m in March to CAD57.84 billion (highest level since June 2019), following a revised 1.1 percent m-o-m drop in February (originally a 1.6 percent m-o-m decline). This marked the largest monthly increase in manufacturing sales since July 2020.

Economists had anticipated a gain of 3.5 percent m-o-m for March.

According to the survey, sales grew in 17 of 21 industries, led by the motor vehicle (+10.5 percent m-o-m), petroleum and coal product (+6.2 percent m-o-m) and food manufacturing (+2.7 percent m-o-m) industries.

Overall, sales of durable goods surged 4.3 percent m-o-m in March, while sales of non-durable goods rose 2.7 percent m-o-m.

You may also be interested:

05:30 14.06.2021
Commodities. Daily history for Friday, June 11, 2021
Raw materials Closed Change, % Brent 72.65 0.35
03:30 14.06.2021
Schedule for today, Monday, June 14, 2021
Time Country Event Period Previous value Forecast 04:30 (GMT) Japan Industrial Production (YoY)
03:15 14.06.2021
Currencies. Daily history for Friday, June 11, 2021
Pare Closed Change, % AUDUSD 0.77016 -0.62
Deposit
options
Trading
platform
download
Bonuses VIP