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February Manufacturing Sales............>

CANADA DATA
CANADA DATA: February Manufacturing Sales
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- Feb mfg sales -0.2% vs MNI consensus of -0.5%
- Jan revised down to +0.8% from +1.0%; Dec also revised down
- 15 of 21 industries down, led by autos; Sales ex autos +0.2%
- Real sales -0.5% vs Jan +1.5%
- Inventories +0.5%; Inventory/sales ratio 1.51, highest since Jun'09
- Unfilled orders -0.4%%; New orders +1.5%
- Capu -0.5 ppts to 78.2%; Non-durables -0.2 ppts; Durables -0.7 ppts

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