Canada manufacturing sales June 2026 rose 0.1%, beating the -0.1% estimate and pointing to firmer second-quarter activity.
The prior month showed a 1.3% gain. Although the June headline was modest, the report showed stronger details. Second-quarter strength was positive, and inventories added to growth.
Canada Manufacturing Sales June 2026 Details
Manufacturing inventories increased 0.6% in June to $126.8 billion. Meanwhile, inventories rose 2.0% over the second quarter. That added to the view that factory activity held up through the period.
Excluding the sharp drop in petroleum, sales climbed 2.6% in June. Volumes also rose 1.2%. As a result, the broader picture looked stronger than the headline figure suggested.
Q2 Records Add to Stronger Picture
Q2 sales reached a record in the quarter. In addition, unfilled orders hit a record high. Therefore, the second-quarter data pointed to solid momentum in the sector.
The report showed that Canada manufacturing sales June 2026 came in above expectations, and the underlying details were stronger than the top-line increase.
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Source: InvestingLive
