Canada's manufacturing inventory month-on-month rate for April
Statistics Canada announced the Canada's manufacturing inventory month-on-month rate for April on 2025-06-13. The reported figure stands at -1%, with the prior figure recorded as -0.7%.
Regarding the Canada's manufacturing inventory month-on-month rate for April, Actual value > Forecast value = Bullish for the Canadian Dollar, Manufacturing shipments, also known as manufacturing sales, is an economic indicator that reflects the monthly sales situation of Canadian manufacturing enterprises. It includes five sub-indicators: shipments, new orders, orders to be fulfilled, inventory, and inventory-to-shipment ratio. It can reflect market demand conditions. An increase in the quantity of goods (including unsold inventory) indicates a decrease in market demand, which is negative for the Canadian dollar, while a decrease in quantity indicates strong market demand or is positive for the Canadian dollar.
This data holds an importance level of , calculated using Change in manufacturing sales, monthly rate data released, and updates monthly.
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