Canadian manufacturing sales highlights.

  • Prior was -1.7% (revised to -2.2%)
  • Ex-autos & parts +1.9% m/m and -1.0% y/y
  • Total inventories -0.4%
  • New orders +5.1%

It's a stale report but shows a better trend and new orders are encouraging. Little reaction in USD/CAD to the news but it's near session highs at 1.2038.