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Canada manufacturing inventory-to-shipments ratio, September: 1.63% (previous 1.60%).
Business & markets1 min read
Canada's manufacturing inventory-to-shipments ratio increased in September, according to a recent report. The new ratio is reported at 1.63%, up from the previous 1.60%.
What was reported
September inventory-to-shipments ratio: 1.63%
Previous ratio: 1.60%
Why it matters
The inventory-to-shipments ratio is a key economic indicator that measures the relationship between the amount of inventory held by manufacturers and the amount they ship. A higher ratio could suggest that manufacturers are producing more than they are selling, while a lower ratio may indicate higher demand.
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Source & attribution
This article is presented by DailyMIQ. General educational context is DailyMIQ commentary.
Source