- Prior was -2.8% (revised to -2.9%)
- Gross sales down 0.8% y/y
- Wholesale commerce +0.9% vs +0.8% anticipated
- Prior wholesale commerce -0.5% (revised to -0.3%)
- Inventories rose 0.5% to a document excessive of $124.2 billion
- Stock to gross sales 1.74 vs 1.73 prior
Canadian manufacturing gross sales elevated 1.2% to $71.7 billion in
November, primarily on larger gross sales within the chemical (+6.6%), major metallic
(+4.0%) and equipment (+4.3%) subsectors. Gross sales within the motorized vehicle
business group (-4.0%) declined essentially the most.
This text was written by Adam Button at www.forexlive.com.
