Canada Factory Sales Rise 1.5% in August as Prices Increase
Canadian factory shipments rose 1.5% month over month, supported by higher prices and record metal sales for the month.
By Robb M. StewartOTTAWA--Canadian manufacturing activity picked up in August on the back of higher prices and with record metal sales for the month.Factory shipments increased 1.5% from the month before to a seasonally adjusted 79.88 billion Canadian dollars, the equivalent of about US$56.1 billio…