Canada November manufacturing sales +1.2% vs +1.1% expected ...Middle East

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Canada November manufacturing sales +1.2% vs +1.1% expected
Prior was -2.8% (revised to -2.9%)Sales down 0.8% y/yWholesale trade +0.9% vs +0.8% expectedPrior wholesale trade -0.5% (revised to -0.3%)Inventories rose 0.5% to a record high of $124.2 billionInventory to sales 1.74 vs 1.73 priorCanadian manufacturing sales increased 1.2% to $71.7 billion in November, mainly on higher sales in the chemical (+6.6%), primary metal (+4.0%) and machinery (+4.3%) subsectors. Sales in the motor vehicle industry group (-4.0%) declined the most. This article was written by Adam Button at www.forexlive.com.

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