Canada: Manufacturing sales increased in July, rising 0.9% to $58.6 billion vs 0.6% expected

"Manufacturing sales increased for the third consecutive month in July, rising 0.9% to $58.6 billion," Statistics Canada reported on Tuesday.

Key takeaways from the press release

• Higher sales in the transportation equipment and chemical industries drove the increase.
• Overall, sales were up in 11 of 21 industries, representing 68% of total manufacturing sales.
• Non-durable goods rose 1.4% to $27.7 billion, while durable goods increased 0.5% to $30.9 billion.
• Constant dollar sales increased 1.0%, indicating that a higher volume of goods was sold in July.