Canada February factory sales most likely rose 0.7% -Statscan flash estimate

By Thomson Reuters Mar 25, 2024 | 7:35 AM

OTTAWA (Reuters) – Canadian factory sales most likely rose 0.7% in February from January, largely due to increases in the petroleum and coal subsector, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 64.8%. The average weighted response rate for the survey over the previous 12 months has been 94.3%.

NOTE: All figures are seasonally adjusted.

(Reporting by Promit Mukherjee; Editing by Dale Smith)