Canada's March manufacturing inventory shipment ratio
Statistics Canada announced the Canada's March manufacturing inventory shipment ratio on 2025-05-15. The reported figure stands at 1.67%, with the prior figure recorded as 0.2%.
Regarding the Canada's March manufacturing inventory shipment ratio, Actual value > Forecast value = Bullish for the Canadian dollar, Manufacturing shipments, also known as manufacturing sales, are 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 the inventory-to-shipments ratio. It can reflect the state of market demand. An increase in the quantity of goods (including unsold inventory) indicates a decrease in market demand, which is bearish for the Canadian dollar, while a decrease in quantity indicates strong market demand or is bullish for the Canadian dollar.
This data holds an importance level of , calculated using Changes in manufacturing sales, monthly rate data released, and updates Monthly.
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