Canadian Factory Sales Report

Date: Nov 15

According to Statistics Canada, Canadian factory sales decreased by 0.5% in September compared to August. This decline was attributed to lower sales in:
– Petroleum and coal products
– Aerospace products and parts

Key Statistics

• Excluding motor vehicles and parts, manufacturing sales dropped by 0.7%.

Month/Month Change (%):

• Sales: -0.5 (Sept), -1.3 (Aug revised), -1.3 (Aug previous)
• Sales Ex-Autos: -0.7 (Sept), -1.1 (Aug revised), -1.1 (Aug previous)
• Inventories: -0.4 (Sept), -0.5 (Aug revised), -0.6 (Aug previous)
• Unfilled Orders: +1.6 (Sept), -1.3 (Aug revised), -0.7 (Aug previous)
• New Orders: +3.9 (Sept), -2.8 (Aug revised), -2.4 (Aug previous)

Additional Metrics:

• Inventory/Sales Ratio: 1.74 (Sept), 1.74 (Aug revised), 1.75 (Aug previous)

Note: All figures are seasonally adjusted. Analysts polled by Reuters had forecasted a 0.8% decrease in factory sales for September.