Canada: Manufacturing sales for July likely to print 0.3% - TDS

Analysts at TD Securities suggest that Canada’s manufacturing sales will provide an update on growth conditions for July.

Key Quotes

“TD looks for a below-consensus 0.3% advance (market: 0.6%) on a drag from energy, while retaliatory tariffs on steel and aluminum are unlikely to have a significant impact. This should leave volumes largely unchanged on the month.”