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Statistics Canada released manufacturing shipments on Wednesday. Canadian manufacturing shipments rose 0.1% in May, missing forecasts of a 0.4% increase, after a 2.2% drop in April. April's figure was revised down from a 2.1% decline.
The rise was driven by higher sales of aerospace products and parts, and petroleum and coal products. Production in aerospace products and parts jumped 22.2% in June, while sales of petroleum and coal products climbed 5.6%
Sales increased in 6 of 21 categories.
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