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Canada manufacturing sales rise 1.3% in May

The report also showed a 13.4% year over year increase and a fourth straight monthly gain.

Reported · Written up by our desk · Central Banks

Canada manufacturing sales climbed 1.3% to a record $78.1 billion in May, marking the fourth consecutive month of growth, according to Forexlive.

Forexlive reported that total manufacturing sales were up 13.4% year over year, pointing to cyclical strength even as trade uncertainty remains in focus.

The data comes ahead of the Bank of Canada decision, scheduled for 9:45 am ET (1345 GMT), with attention on how activity indicators could influence the outlook for policy.

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