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REPEAT: CANADA DATA: Manufacturing Sales (August)....>

CANADA DATA
CANADA DATA: REPEAT: Manufacturing Sales (August) Preview - 08:30 EDT
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- MNI Median +0.65% for August vs. July -1.3%, June -1.4%. 
- Sales may rise in tandem with earlier report showing August exports +1.8% on
energy and aircraft... though exports were also held back by -2.3% for
autos/parts.
- Prior factory sales report showed weakness in metals and autos, both on
shutdowns. Canada faced US metals tariffs earlier this year; StatsCan said last
month auto shutdown was a major plant shifting to a new model.
- Even with a sales gain, industry faces challenge of inventory: sales ratio of
1.54 in July that was highest since 2009.

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