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INDUSTRY PULSE: Inventory-to-shipment ratio slips back

OTTAWA, Ont. -- Following a recent high in March (1.30), April's boost in shipments pulled down the inventory-to-sh...


OTTAWA, Ont. — Following a recent high in March (1.30), April’s boost in shipments pulled down the inventory-to-shipment ratio to 1.28 for the month, Statistics Canada reports.

The ratio has been on a gradual upward trend since late last summer, as manufacturing began to show signs of vulnerability.

The inventory-to-shipment ratio is a key measure of the time, in months, that would be required in order to exhaust inventories if shipments were to remain at their current level.


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