Canada April manufacturing sales -0.6% vs +0.4% expected

Author: Adam Button | Category: News

Canada manufacturing data

  • Prior was +2.1% (revised to +2.6%)
  • Ex autos +0.5% vs +2.4% prior (revised from +1.8%)
  • New orders -1.4% vs +2.5% prior (revised from +1.5%)
  • Inventories +1.3%
Big miss on manufacturing stales in April but it was auto driven and due to temporary assembly plant shutdowns. The market will look past this number.

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