Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Manufacturing Sales MoM fell to -0.1% in June 2026
FMPMonthlyReleased July 2026
Canada Manufacturing Sales MoM fell to -0.1% in June 2026, released July 2026, down 1.4% from May's 1.3% reading. The print exceeded the -0.2% consensus by 0.1%. Manufacturing Sales MoM has now declined for 3 consecutive months. Over the past 3 months, Manufacturing Sales MoM averaged 3.93%, vs 0.87% in the prior 3-month window. The reading is in the 42nd percentile of the trailing 24-month range.
Latest Release
-0.1
Actual
-0.2
Consensus
1.3
Previous
Median Absolute Error
±0.44 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 0.2
Actual: -0.1
Error: +0.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Manufacturing Sales MoM (Canada) was reported at -0.1% in July 2026. This beat the market consensus of -0.2% by 0.1%. The reading fell from the previous value of 1.3%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.72%, ranging from -3.3% to 4.6% across 19 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 2.9%, up from the prior three at 1.27%. Volatility over the past year (σ 2.4%) is higher than the prior year (σ 1.39%). In July readings over the past 3 years, Manufacturing Sales MoM has averaged -0.56%.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 0.44%.
WHAT TO WATCH NEXT
The next release is scheduled for August 26, 2026. Same-country events in the next 14 days include Balance of Trade (Aug 4) and S&P Global Manufacturing PMI (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Manufacturing Sales MoM - CA
Loading chart data...
About Manufacturing Sales MoM — Canada
DEFINITION
Manufacturing Sales MoM (Month-over-Month) is a key economic indicator that measures the change in the total value of sales made by manufacturers in a given month compared to the previous month. This indicator provides valuable insights into the health and performance of the manufacturing sector, which is a crucial component of a country's overall economic growth. A positive trend in Manufacturing Sales MoM indicates an increase in consumer demand and economic activity, while a negative trend may signal a slowdown in the economy. As such, this indicator is closely monitored by investors, policymakers, and businesses to make informed decisions and forecasts.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual -0.1 %, consensus -0.2 %. Prior reading (Apr 2026): 4.2 %. Before that (Apr 2026): 4.6 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - CA Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Average Weekly Earnings | 3.4 | 3.67 | 3.7 | 3.55 | Low |