Canada: Manufacturing sales likely to rise 0.5% in May - TDS

Analysts at TD Securities are looking for Canadian manufacturing sales to rise 0.5% (market: 0.4%) in May on a rebound in energy production after refinery shutdowns led to a sharp pullback last month.

Key Quotes

“Supply chain disruptions to auto production will provide a partial offset while real manufacturing sales should see little change after accounting for higher factory prices.”