(Il Sole 24 Ore Radiocor) -Milano,13 giu- Total Canadian manufacturing inventories fell 1.0% month on month to 119.0 billion dollars in April, reaching the lowest level since July 2022, according to Statistics Canada.

All inventory components decreased in April.

The inventory-to-sales ratio increased from 1.68 in March to 1.71 in April. This ratio measures the time, in months, required to exhaust inventories if sales remain at their current level.

Total unfilled orders decreased 1.1% to 108.9 billion dollars in April, largely on lower unfilled orders of aerospace products and parts, down 1.6%.

The capacity utilization rate for the total manufacturing.

sector decreased from 80.1% in March to 77.7% in April.

(RADIOCOR) 13-06-25 19:17:34 (0617) 5 NNNN