Canada Feb manufacturing sales up 3.6% mth/mth
(Il Sole 24 Ore Radiocor) - Milano, 15 apr - Total Canadian manufacturing sales rose 3.6% month on month to 71.2 billion local dollars in February, following a 3.1% decline in January, according to Statistics Canada.
Sales rose in 12 of the 21 subsectors.
In constant dollars, total manufacturing sales rose 3.4% in February.
Total inventories rose 0.6% to 121.9 billion dollars in February.
The inventory-to-sales ratio declined from 1.76 in January to 1.71 in February. This ratio measures the time, in months, that would be required to exhaust inventories if sales were to remain at their current level.
Unfilled orders reached a record high, rising 2.3% to 117.6 billion dollars in February, The capacity utilization rate for the total manufacturing.
sector rose from 75.4% in January to 77.1% in February.
(RADIOCOR) 15-04-26 19:09:32 (0762) 5 NNNN