Canada Manufacturing Sales: December 2024 (Final)
Manufacturing sales were up 0.3% MoM in December, below the flash estimate of 0.6% MoM and the analyst expectation of 0.7% MoM.
- Higher sales of petroleum and coal (+3.4% MoM), food products (+1.9% MoM), and primary metals (+3.9% MoM) were partially offset by a -5.0% MoM decline in motor vehicle sales.
- In Q4 2024, sales were up 1.6% QoQ after four consecutive quarterly declines.
- When adjusted for inflation, manufacturing sales were down -0.8% MoM