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Statistics Canada says manufacturing sales rose 3.4% to a record high of $55.5 billion in November.

The agency says the gain was mainly due to higher sales in the transportation equipment, petroleum and coal product and chemical industries.

It says 12 of 21 industries, representing 81% of the manufacturing sector, gained ground in November.

Sales of transportation equipment increased 9.1% to $10.6 billion in November, following two consecutive monthly decreases.

The petroleum and coal product industry saw sales climb 6.1% to $6 billion, primarily due to higher prices.

Chemical industry sales rose 5.9% to $4.4 billion in November, after falling 2.7% in the previous month.

Originally published on Advisor.ca
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