Canada: Manufacturing sales to rise by 1.0% in August – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities are looking for Canada’s manufacturing sales to rise by 1.0% in August (market: 0.7%) on a rebound in primary metals and partial rebound in motor vehicles.

Key Quotes

“A pickup in US activity bodes well for broader manufacturing conditions. Volumes should see a more modest increase but should nonetheless contribute positively to industry-level GDP.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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