Statistics Canada says manufacturing sales rose 10.7 per cent to $40.2 billion in May, in a July 15, 2020 story. (Photo by THE CANADIAN PRESS)

Statistics Canada says manufacturing sales rose 10.7 per cent in May

Still below pre-pandemic level

OTTAWA — Statistics Canada says manufacturing sales rose in May after posting a record plunge in April, but remained well below their pre-pandemic level.

The agency says manufacturing sales rose 10.7 per cent to $40.2 billion in May from a month earlier as many factories resumed production after full or partial shutdowns due to the COVID-19 pandemic.

Still, May’s sales were 28.4 per cent below their pre-pandemic level in February.

Economists on average expected an increase of 9.5 per cent for May, according to financial markets data firm Refinitiv.

Sales were up in 18 of 21 industries, led by the motor vehicle, motor vehicle parts and petroleum and coal products industries.

In volumes terms, manufacturing sales rose 8.8 per cent.

This report by The Canadian Press was first published July 15, 2020.

Business

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Amid COVID-19: Some central Alberta parents want to see online learning option

Some parents will consider homeschooling if online learning isn’t available

Sylvan Lake beach crowded but people maintaining distance

‘A quick picture may give you the impression that everybody is crowded together’

Water quality advisory prompted by high levels of fecal bacteria in Gull Lake

AHS issued the advisory, and say it will be in effect until further notice

NHL hit with criticism over English-only version of “O Canada” on Saturday

NHL hit with criticism over English-only version of “O Canada” on Saturday

Blackhawks’ Caggiula suspended for Game 2 vs. Oilers

Blackhawks’ Caggiula suspended for Game 2 vs. Oilers

Jets rebound with 3-2 win over Flames, even qualifying series 1-1

Jets rebound with 3-2 win over Flames, even qualifying series 1-1

Penguins beat Canadiens 3-1 in Game 2 to pull even in best-of-five series

Penguins beat Canadiens 3-1 in Game 2 to pull even in best-of-five series

Danielle Kang wins at Inverness in LPGA return to golf

Danielle Kang wins at Inverness in LPGA return to golf

Thomas holds off Koepka to win WGC in Memphis, reclaim No. 1

Thomas holds off Koepka to win WGC in Memphis, reclaim No. 1

Koepka’s biggest challenge is history in bid for 3 in a row

Koepka’s biggest challenge is history in bid for 3 in a row

Vegas, Dallas players kneel for anthems as protests gain momentum at NHL restart

Vegas, Dallas players kneel for anthems as protests gain momentum at NHL restart

Most Read