Skip to main content

Manufacturing Sales (July)

Although manufacturing sales fell by 0.9% m/m in July, in line with the preliminary estimate, that was a better outcome than we had expected given the more downbeat export data. Furthermore, the decline was mainly due to a drop back in prices, with sales volumes increasing by 0.6% m/m in July, following an upwardly revised gain of 0.5% in June. Given the recent weakness in the survey data, however, we doubt this is the start of a manufacturing revival.

Become a member to read more

This is premium content that requires an active Capital Economics subscription to view.

Already a member?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access