Statistics Canada Says Manufacturing Sales up 1.4% in July at $71B

Statistics Canada says manufacturing sales rose 1.4 percent to $71 billion in July, helped by higher sales in the petroleum and coal and chemical product subsectors.
The increase followed a 1.7 percent decrease in June.
The agency says sales in the petroleum and coal product subsector gained 6.7 percent to total $8.6 billion in July as most refineries sold more, helped by higher prices and demand.
Chemical product sales rose 5.3 percent to $5.6 billion in July, boosted by increased sales of pharmaceutical and medicine products.
Sales of wood products fell 4.8 percent for the month to $2.9 billion, the lowest level since May 2023.
In constant dollar terms, overall manufacturing sales rose 0.9 percent in July.