Canadian manufacturing sales unexpectedly fell in April, signaling the nation's factory sector is feeling the effects of a global slowdown brought on by problems in Europe.
Manufacturing sales fell 0.8 percent in April to $49.1 billion, Statistics Canada said Friday. The third decline in four months trimmed progress made in March, when sales were up 1.6 percent.
The aerospace industry and the energy production facilities posted the largest decreases. This was partially offset by strong sales of cars and trucks.
Motor vehicles sales rose to the highest level since November 2007, the agency noted.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.