Canada: Manufacturing sales increased 1.6% to $53.5 billion in August

"Manufacturing sales increased 1.6% to $53.5 billion in August, following two consecutive monthly declines," the Statistics Canada reported on Wednesday.

Key highlights:

• The gain was mainly attributable to higher sales in the transportation equipment, and petroleum and coal product industries.
• Sales were up in 8 of the 21 industries, representing 66% of the Canadian manufacturing sector.
• Once price changes are taken into account, sales volume in the manufacturing sector rose 1.2% in August.