Canada's manufacturing sales likely to edge down in July – TD Securities

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17 September 2019

Canada's manufacturing sales likely to edge down in July – TD Securities

Analysts at TD Securities are expecting Canada’s manufacturing sales for July to edge down 0.2% vs. market forecast of -0.1%, in line with the soft export data for July.

“Real manufacturing sales should outperform the nominal decline owing to lower factory prices which will translate into a more modest drag on industry-level GDP.”

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