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Commercial and service industry machinery manufacturing opening inventories in Canada: Decline in 2016

Compared with 2015 machinery manufacturing opening inventories dropped by 6.86 percent, according to figures announced by Canada National Statistical Office. The variable went down by 62 930 thousand Canadian Dollars, contrarily to the prior year when it increased by 15.77 percent. The overall changes for the previous 13 years hit a raise of 138.07%. Moreover, it has attained the CAGR of 0.04% over the last five years with a negligible overall increase since the 2004. It averaged 660 331.69 thousand Canadian Dollars from 2004 to 2016 and it reached its all-time high of 917 121 thousand Canadian Dollars in 2015 and record low of 358 793 thousand Canadian Dollars in 2004.

Commercial and service industry machinery manufacturing opening inventories in Canada: Decline in 2016
Date Thousand Canadian Dollars Variation
2016 854 191.00 -6.86
2015 917 121.00 15.77
2014 792 167.00 8.54
2013 729 827.00 2.7
2012 710 648.00 -2.77
2011 730 888.00 11.85
2010 653 460.00 -0.46
2009 656 466.00 7.73
2008 609 335.00 7.61
2007 566 223.00 0.31

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