September 15, 2023 12:50 GMT
July Manufacturing Sales +1.6% MOM, 0% YOY
CANADA DATA
- Sales lagged StatsCan advance estimate of +0.7%.
- Volumes +0.9% MOM, +1.8% YOY.
- Food and energy led the increase. Auto sales +3.5% to highest since 2017 as supply chains eased.
- Vancouver port strike caused moderate disruption as just 13% of factories impacted.
- Decline in June revised from -1.7% to -2%.
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