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Canada: Manufacturing sales likely to rise by 0.4% in September – TDS

Analysts at TD Securities suggest that the release of manufacturing sales data will be key economic release for today’s Canadian session.

Key Quotes

“TD looks for manufacturing sales to rise by 0.4% in September (market: 0.1%) on a rebound in motor vehicles after shutdowns drove an 8% pullback during August. Sales should see a more modest increase on a volumes basis owing to higher factory prices.”

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