But sentiment not as weak as expected
But economists unfazed
Jump in core CPI will put pressure on Bank of Canada to raise interest rates
Sharp drop in metal prices says Scotiabank economist
Core inflation inches up
Consumer goods, auto exports especially strong
Short-term interest rates to rise
First decline in 2002
Statistics Canada reported that Canadian manufacturing numbers rose 1% in July.RBC Financial Group economists note that the rise follows declines in both May and June, and shipments are now at their highest level since April. Stats Can said that 14 out of 21 industries reported higher shipments, led by the motor vehicle sector, which rose […]
But Canadian economy strong enough to withstand its weakness, says TD’s chief economist