Canada January factory sales most likely rose 0.4% -Statscan flash estimate

By Thomson Reuters Feb 26, 2024 | 7:35 AM

OTTAWA (Reuters) – Canadian factory sales most likely rose 0.4% in January from December, largely due to increases in the transportation equipment as well as machinery subsectors, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 69.1%. 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 Promit Mukherjee; Editing by Dale Smith)