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Inventory-to-shipment ratio down as shipments rebound

OTTAWA, Ont. -- With shipments rebounding following the drop in June and inventory levels remaining fairly steady, ...


OTTAWA, Ont. — With shipments rebounding following the drop in June and inventory levels remaining fairly steady, the inventory-to-shipment ratio decreased in July to 1.26, Statistics Canada records indicate.

With the exception of the blip in June (1.29), the inventory-to-shipment ratio has been steady at 1.26 since April.

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


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