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Canada July manufacturing sales +1.4% vs +1.1% expected

Prior was -2.1%Manufacturing sales ex-autos +1.6% vs -1.6% priorSales at $71.0 billion vs $69.6 billion priorSales -1.1% y/y vs -1.8% y/y priorTotal inventory levels +0.9% vs +0.1% priorInventory to sales 1.73Unfilled orders +0.6% vs -0.8% prior

This is a good number and a nice rebound but inventories are swelling.

This article was written by Adam Button at www.forexlive.com.

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