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Sept. Factory Sales -0.2% to C$57.4B,...>

CANADA DATA
CANADA DATA: Sept. Factory Sales -0.2% to C$57.4B, MNI Median -0.5% 
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- Petroleum/coal product and motor vehicle parts mainly drive the  
September decline.
- Factories sales -1.3% in third quarter.  
- In constant dollars, total sales -0.7% M/M; -1.0% Q/Q in third 
quarter.
- Motor vehicle sales -4.3%; impacted by US auto workers strike.
- Petroleum and coal sales -1.9%; the fourth straight decline.   
- Machinery sales +5.5%; largest monthly gain since May 2018.
- Inventory-to-sales ratio decreased to 1.53; prior 1.54.
- Total inventories -0.8% to C$88B in September. 
- Capacity utilization rate -0.5pp% to 79.2%; mainly due to petroleum 
and chemical products.   

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