Canada July factory sales most likely up 1.1% – Statscan flash estimate

8:36 am Friday, August 23rd, 2024

Aug 23 (Reuters) – Canadian factory sales most likely rose 1.1% in July from June, largely driven by higher sales in petroleum and coal product as well as chemical subsectors, Statistics Canada said in a flash estimate on Friday.

The estimate was calculated based on a weighted response rate of 68.1%. The average weighted response rate for the survey over the previous 12 months has been 94.4%.

NOTE: All figures are seasonally adjusted.

(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/MANUFACTURING

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