Manufacturing sales in Alberta were down 5.3 per cent in April to $5.8 billion, following a 0.5 per cent increase in March, says Statistics Canada.
“The decline was largely attributable to a 20.5 per cent decrease in sales of petroleum and coal products, which resulted in part from partial shutdowns for maintenance work at some of the province’s refineries,” said the federal agency on Friday.
On an annual basis, sales were off 2.4 per cent.
Across Canada, manufacturing sales fell 1.3 per cent to $56.2 billion in April, following two consecutive monthly increases, added StatsCan.
“Sales were down in 10 of 21 industries, representing 49.6 per cent of the manufacturing sector. Sales in the petroleum and coal products and transportation equipment industries accounted for much of the decrease in April. Excluding these two industries, manufacturing sales rose 0.4,” it said.
“In April, sales in the petroleum and coal products industry fell 10.9 per cent to $5.2 billion, a third consecutive monthly decline. The decrease in April was entirely due to lower sales volumes, as prices for the industry rose 4.5 per cent, according to the Industrial Product Price Index. Partial shutdowns at a number of Canadian refineries for maintenance work during the month were a major contributor to the decline in volumes sold (-13.2 per cent).”
Respected business writer Mario Toneguzzi is a veteran Calgary-based journalist who worked for 35 years for the Calgary Herald in various capacities, including 12 years as a senior business writer.
The views, opinions and positions expressed by columnists and contributors are the author’s alone. They do not inherently or expressly reflect the views, opinions and/or positions of our publication.