Feb 24 (Reuters) – Canadian factory sales most likely fell 3.3% in January from December, largely driven by lower sales in the transportation equipment and machinery subsectors, Statistics Canada said in a flash estimate on Tuesday.
The estimate was calculated based on a weighted response rate of 71.9%. 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; editing by Promit Mukherjee) ((ismail.shakil@tr.com))
Keywords: CANADA ECONOMY/MANUFACTURING
Comments