Canada: Manufacturing sales decline 1.4% in November vs 0.9% expected

"Manufacturing sales fell 1.4% to $57.3 billion in November, the second consecutive monthly decrease," Statistics Canada reported on Tuesday.

Key takeaways from the press release

• The decline in November mainly reflected lower sales of petroleum and coal products.
• Excluding this industry, manufacturing sales rose 0.2%.
• Sales of non-durable goods fell 3.4% to $27.2 billion, while sales of durable goods rose 0.5% to $30.1 billion.
• In volume terms, manufacturing sales decreased 0.9%.