- Prior was -2.8% (revised to -2.9%)
- Sales down 0.8% y/y
- Wholesale trade +0.9% vs +0.8% expected
- Prior wholesale trade -0.5% (revised to -0.3%)
- Inventories rose 0.5% to a record high of $124.2 billion
- Inventory to sales 1.74 vs 1.73 prior
Canadian manufacturing sales increased 1.2% to $71.7 billion in November, mainly on higher sales in the chemical (+6.6%), primary metal (+4.0%) and machinery (+4.3%) subsectors. Sales in the motor vehicle industry group (-4.0%) declined the most.
