Statistics Canada announced the Canada's May manufacturing inventory shipment ratio on 2025-07-15. with the prior figure recorded as 1.71%.
Regarding the Canada's May manufacturing inventory shipment ratio, Actual value > Forecast value = Positive for Canadian Dollar, Manufacturing shipments, also known as manufacturing sales, is an economic indicator that reflects the monthly sales conditions of Canadian manufacturing enterprises. It includes five sub-indicators: shipments, new orders, unfilled orders, 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 suggests strong market demand or is bullish for the Canadian dollar.
This data holds an importance level of , calculated using Manufacturing sales changes, monthly rate data released, and updates monthly.
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