off-the-wire

Canada January factory sales most likely up 2.0% - Statscan flash estimate

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada January factory sales most likely up 2.0% - Statscan flash estimate teaser image

Feb 25 (Reuters) - Canadian factory sales most likely rose 2.0% in January from December, largely driven by higher sales in motor vehicle industry group, as well as the primary metal subsectors, Statistics Canada said in a flash estimate on Tuesday.

The estimate was calculated based on a weighted response rate of 62.4%. The average weighted response rate for the survey over the previous 12 months has been 93.6%.

NOTE: All figures are seasonally adjusted.

(Reporting by Dale Smith; editing by Promit Mukherjee) ((promit.mukherjee@tr.com, opens new tab))

Keywords: CANADA ECONOMY/MANUFACTURING
 

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