• Canada's manufacturing sales likely to drop 0.8% in April - TDS

Market news

18 June 2019

Canada's manufacturing sales likely to drop 0.8% in April - TDS

Analysts at TD Securities are expecting that Canada’s manufacturing sales for April will post a 0.8% decline against market expectations for a modest 0.4% increase.

  • “Manufacturing PMIs have been signaling something ominous since the start of the year, and we think the shutdown of a large auto plant could provide the catalyst for a correction coming off a 2.1% advance in March.”

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