Economic Indicators

Canada Sept factory sales most likely fell 0.5% – Statscan flash estimate

2022.10.24 09:09

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© Reuters. FILE PHOTO: Workers make jackets at the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. REUTERS/Mark Blinch

OTTAWA (Reuters) – Canadian factory sales most likely fell 0.5% in September from August, largely driven by decreases in the transportation equipment and petroleum and coal product industries, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 55.0%. The average weighted response rate for the survey over the previous 12 months has been 93.7%.

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