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Jan Manufacturing Slower Than Expected But Volumes +1.1%

CANADA DATA
DataHomepageData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Canada manufacturing sales +0.2% MOM vs +0.4% flash estimate, prior -0.7%.
  • Motor vehicles led the increase, rising 19.6% after 5M of consecutive decreases as factories reopened.
  • Sales volumes +1.1%, -2.2% YOY.
  • Capacity utilization 77.1% in Jan from 75.1% in Dec as production increased.
  • The inventory-to-sales ratio was unchanged at an elevated 1.72.
  • Unfilled orders -1.3% MOM and -3.5% YOY.
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  • Canada manufacturing sales +0.2% MOM vs +0.4% flash estimate, prior -0.7%.
  • Motor vehicles led the increase, rising 19.6% after 5M of consecutive decreases as factories reopened.
  • Sales volumes +1.1%, -2.2% YOY.
  • Capacity utilization 77.1% in Jan from 75.1% in Dec as production increased.
  • The inventory-to-sales ratio was unchanged at an elevated 1.72.
  • Unfilled orders -1.3% MOM and -3.5% YOY.