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Industry News
19th July 2016

Canada’s manufacturing sales drop in May; disruptions in auto industry from wildfires likely to pers

Manufacturing sales in Canada fell slightly more than projections in May after recovering briefly in April. The decline is mostly due to temporary disruptions to supply chains. Sales fell 1 percent in May, the third fall in five months. Excluding price changes, manufacturing shipment volumes dropped at an even larger 2.1 percent, emphasizing a lower activity level in May, noted TD Economics in a research note.


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