off-the-wire

Canada February factory sales most likely rose 0.7% -Statscan flash estimate

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada February factory sales most likely rose 0.7% -Statscan flash estimate teaser image

OTTAWA, March 25 (Reuters) - Canadian factory sales most likely rose 0.7% in February from January, largely due to increases in the petroleum and coal subsector, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 64.8%. The average weighted response rate for the survey over the previous 12 months has been 94.3%.

Reporting by Promit Mukherjee; Editing by Dale Smith

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