Home

    You are here

CANADA MANUFACTURING SALES DOWN -3.3 %

You are here

CANADA MANUFACTURING SALES DOWN -3.3 %

Oct 16 2014, 2.11pm GMT

Stock.com

“Canadian manufacturing sales fell 3.3% in August to $52.1 billion, the first decline in 2014. The decrease mostly reversed the gains recorded for June and July.

In August, about half of the decrease was caused by lower sales of motor vehicles and motor vehicle parts. Excluding motor vehicles and parts, sales declined 1.9%. Overall, 16 of 21 industries representing about 81% of the manufacturing sector posted declines. Constant dollar sales decreased 3.7%, indicating that a lower volume of products was sold.” Source: Statistics Canada.

CAD has been losing against USD since April 2011 with the latest upward trend of USD/CAD maintaining pace since July 2014. 

Forex Block Actions

Trading Platforms

MetaTrader

Through a simple native App download, be ready to log on to the powerful, intuitive MT4 platform and trade multiple assets on your desktop or through mobile

More on MetaTrader

WebTrader

Online access - anytime, anywhere - to your secure STOCK.com account, through desktop, tablet and mobile interfaces with no download necessary

More on WebTrader

Trading in CFDs involves significant risk to your invested capital