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Friday, October 16, 2015
August 2015 Canadian manufacturing sales -0.2% vs -1.0% exp m/m
Prior +1.7%
Sales ex-autos -0.8% v s+0.7% prior. Revised to +0.6%
New orders -5.6% vs 10.2% prior. Revised to 11.1%
Inventories 0.5% vs 1.1% prior
Inventory/sales ratio 1.40 vs 1.40 prior
Not as bad as feared but ends a 3 month hot streak in gains.
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