By Robb M. Stewart


OTTAWA--Canadian manufacturing activity increased for a second straight month in November as prices rose and sales of aerospace products and petroleum increased.

Factory shipments were up 0.8% from the month before to a seasonally adjusted 71.45 billion Canadian dollars, the equivalent of about $49.8 billion, Statistics Canada said Wednesday.

The result was stronger than the data agency's advance estimate for monthly rise of 0.5%, and follows a 2.1% increase in October sales.

Compared with a year earlier, manufacturing sales in November were down 0.4%.

Sales in volume terms were flat for the month at C$55.13 billion and 1.8% lower than a year earlier.

The Canadian dollar depreciated 1.6% against the U.S. dollar from October to November, which had a positive impact on businesses whose transactions were completed in the U.S. currency, most noticeable in the transportation equipment and primary metals sectors.

Wholesale sales fell 0.2% from the month before to a seasonally adjusted C$83.75 billion, Statistics Canada said Wednesday. The figure was softer than the data agency's advance estimate for a drop of 0.7% after sales rose 1.3% in October.


Write to Robb M. Stewart at robb.stewart@wsj.com


(END) Dow Jones Newswires

01-15-25 0901ET