Canadian Market Analysis (Con’t) --Source: Statistics Canada, Preston Estimates

摘要

Canadian factory sales rose by 1.6% in May, the highest gain in a year according toStatistics Canada, boosted by strong demand for motor vehicles and parts. Analysts in aReuters poll had forecast a gain of 2.0%. The increase was the largest since the 2.1% increasein May 2018. Sales in the transportation industry rose 8.1% after a 5.8% decline in April. Salesof motor vehicles jumped by 13.3%, the highest month-on-month increase since November2017, while motor vehicles parts recorded a 7.3% gain. While the increase was concentrated inOntario, Statistics Canada said sales were up in six of the 10 provinces.