Canadian manufacturing sales decreased 2.6% in July

Statistics Canada reports that manufacturing sales decreased 2.6% to $52.5 billion in July, following a 1.9% decline in June. The decrease was primarily the result of lower sales of motor vehicles and motor vehicle parts.

Overall, sales were down in 9 of 21 industries, representing 57% of the manufacturing sector. Sales of durable goods decreased 4.6%, while sales of non-durable goods declined 0.2%.

Sales in the transportation equipment industry fell 13.8% to $9.6 billion in July, for a second consecutive monthly decline. Decreases were also seen in the food industry (-0.9%), particularly in the meat product and seafood product and packaging sub-industries.

According to the federal agency, these declines were partially offset by increases in wood products (+2.3%), primary metals (+1.9%) and non-metallic mineral products

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