Canadian Manufacturing Sales MoM Final (Nov) M/M -1.2% vs. Exp. -1.1% (Prev. -1.0%, Rev. -1%)

Canadian Manufacturing Sales MoM Final (Nov) M/M -1.2% vs. Exp. -1.1% (Prev. -1.0%, Rev. -1%)

The Canadian Manufacturing Sales fell 1.2% in November, slightly worse than the expected decline of 1.1%. This miss suggests a deteriorating manufacturing sector, which could signal broader economic weakness and have implications for Bank of Canada policy going forward, particularly regarding interest rate decisions.