Economic Indicators
Canada September factory sales most likely fell 0.1% – Statscan flash estimate
2023.10.26 12:20
© Reuters. FILE PHOTO: A worker at the Italian pasta maker De Cecco’s factory prepares pasta in Fara San Martino, Italy, November 29, 2021. Pasta makers are fearful of a substantial supply squeeze in the coming months after this summer’s durum wheat price shock, as
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.1% in September from August, largely due to decreases in the primary metal, chemical and transportation equipment subsectors, Statistics Canada said in a flash estimate on Thursday.
The estimate was calculated based on a weighted response rate of 71.6%. The average weighted response rate for the survey over the previous 12 months has been 94.6%.
NOTE: All figures are seasonally adjusted.