Economic Indicators

Canada June factory sales most likely fell 2.6%, Statscan flash estimate shows

07/24/2024

Less than a minute

2024.07.24 09:25

OTTAWA (Reuters) – Canadian factory sales most likely fell 2.6% in June from May, largely due to the chemical product and transportation equipment subsectors, Statistics Canada said in a flash estimate on Wednesday.

© Reuters. FILE PHOTO: A general view of the factory floor and numerous automated machines used in the production and manufacturing of aircraft parts, at Abipa Canada in Boisbriand, Quebec, Canada May 10, 2023. REUTERS/Evan Buhler/File Photo

The estimate was calculated based on a weighted response rate of 71.0%. The average weighted response rate for the survey over the previous 12 months has been 94.4%.

NOTE: All figures are seasonally adjusted.

07/24/2024

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