off-the-wire

Canada Feb factory sales most likely down 0.2% - Statscan flash estimate

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada Feb factory sales most likely down 0.2% - Statscan flash estimate teaser image

March 24 (Reuters) - Canadian factory sales most likely fell 0.2% in February from January, largely driven by lower sales in food and the petroleum and coal product subsectors, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 69.4%. The average weighted response rate for the survey over the previous 12 months has been 93.5%.

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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