off-the-wire

Canada Sept factory sales most likely up 2.8% - Statscan flash estimate

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada Sept factory sales most likely up 2.8% - Statscan flash estimate teaser image

OTTAWA, Oct 23 (Reuters) - Canadian factory sales most likely rose 2.8% in September from August, largely driven by higher sales in the transportation equipment and petroleum and coal subsectors, Statistics Canada said in a flash estimate on Thursday.

The estimate was calculated based on a weighted response rate of 67.7%. The average weighted response rate for the survey over the previous 12 months has been 92.9%.

NOTE: All figures are seasonally adjusted.

(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/MANUFACTURING

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.