Canada December factory sales down 0.7% on autos, chemicals

People work at Honda’s auto manufacturing plant in Alliston, Ontario, Canada April 5, 2023. REUTERS/Carlos Osorio/File Photo

Feb 15 (Reuters) – Canadian factory sales fell by 0.7% in December from November on lower sales of motor vehicles, as well as chemical products, Statistics Canada said on Thursday.

Excluding motor vehicles and parts, manufacturing sales were up 0.4%.

Month/month change (%)

Dec Nov(rev) Nov(prev)

Sales -0.7 +1.5 +1.2

Sales ex-autos +0.4 +1.9 +1.5

Inventories -0.6 +0.4 +0.5

Unfilled orders +1.2 -0.9 -0.8

New orders +2.3 -0.2 -0.3

Dec Nov(rev) Nov(prev)

Inv/sales ratio 1.73 1.73 1.73

NOTE: All figures are seasonally adjusted.

Source