Manufacturing sales fell more than expected in February

Published:

Manufacturing sales in Canada tumbled by 3.3 per cent in February, ending three months of consecutive gains, Statistics Canada said Friday.

Read the full article at: www.cbc.ca

Manufacturing sales in Canada tumbled by 3.3 per cent in February, ending three months of consecutive gains, Statistics Canada said Friday. The drop in sales exceeded the consensus expectation of economists, who had projected a 1.5-per-cent pullback.

Scotiabank said the February drop was the  largest monthly decline since January of last year.

Related articles

Recent articles