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Canada August factory sales fall 2.0% after three months of gains

Credit: REUTERS/MARK BLINCH

Canadian manufacturing sales fell by 2.0% in August, following three months of consecutive gains, Statistics Canada said on Friday.

OTTAWA, Oct 16 (Reuters) - Canadian manufacturing sales fell by 2.0% in August, following three months of consecutive gains, Statistics Canada said on Friday.

Analysts in a Reuters poll had forecast a drop of 1.4% in August. Statistics Canada revised July's gain to 7.2% from 7.0%. Manufacturing sales remain 6.6% below pre-pandemic levels, Statscan said.

The largest declines were in transportation equipment, down 13.7%, mostly on lower sales of motor vehicle assembly and parts.

(Reporting by Julie Gordon in Ottawa)

((julie.gordon@thomsonreuters.com; 613-235-6745; Reuters Messaging: julie.gordon.thomsonreuters.com@reuters.net))

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