Professional Documents
Culture Documents
UPDATE 1-Canadian Factory Sales Up 1.4 PCT in May On Chemicals, Machinery - Reuters News
UPDATE 1-Canadian Factory Sales Up 1.4 PCT in May On Chemicals, Machinery - Reuters News
UPDATE 1-Canadian Factory Sales Up 1.4 PCT in May On Chemicals, Machinery - Reuters News
4
pct in May on chemicals,
machinery - Reuters News
17-Jul-2018 12:37:24 PM
Adds details of release, background
OTTAWA, July 17 (Reuters) - Canadian manufacturing sales rose by 1.4 percent in May from April, thanks largely to
strength in the chemicals and machinery industries, Statistics Canada said on Tuesday.
Analysts in a Reuters poll had forecast a 0.5 percent increase. Statscan revised April's decline to 1.1 percent from an initial
1.3 percent drop.
Sales rose in 14 out of 21 industries, representing 64.0 percent of total manufacturing sales. In volume terms, they
advanced by 0.9 percent.
Sales in the chemical industry increased by 6.2 percent on increased shipments of pesticides and fertilizers while machinery
sales grew by 8.9 percent after three consecutive month-on-month declines.
The petroleum and coal product industry - continuing to grapple with shutdowns at several oil refineries for maintenance and
retooling - posted a 1.8 percent decline from April.
nL1N1UC1FV Copy to clipboard
© Thomson Reuters 2018. All rights reserved. Show more
U.S industrial production rebounds in
June -Reuters News
17-Jul-2018 01:18:43 PM
WASHINGTON, July 17 (Reuters) - U.S. industrial production increased in June, boosted by a sharp rebound in
manufacturing and further gains in mining output, the latest sign of robust economic growth in the second quarter.
The Federal Reserve said on Tuesday industrial production rose 0.6 percent last month after a downwardly revised 0.5
percent decline in May. Economists polled by Reuters had forecast industrial production rising 0.6 percent last month after a
previously reported 0.1 percent dip in May.
nL1N1UC1L6 Copy to clipboard