Canadian manufacturing shipments drop 1.1% in October

Noticias del mercado

15 diciembre 2015

Canadian manufacturing shipments drop 1.1% in October

Statistics Canada released manufacturing shipments on Tuesday. Canadian manufacturing shipments fell 1.1% in October, missing expectations for a 0.5% decrease, after a 1.5% decline in September.

The decline was driven by falls in the petroleum and coal product, aerospace product and parts, and machinery industries.

Sales of petroleum and coal products dropped 5.7% in October, aerospace product and parts sales slid 10.3%, while sales in in the machinery industry declined 4.6%.

Inventories increased 0.5% in October.

Option expiries for today's 10:00 ET NY cut

U.S.: CPI, Y/Y, November 0.5% (forecast 0.4%)

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