Canada Feb factory sales seen falling 1.0pc

  • Factory sales gained 3.1% in January. Statscan said the estimate had been calculated based on responses received from 59.0% of companies surveyed.
  • The average final response rate for the survey over the past 12 months has been 90.4%, it added.
24 Mar, 2021

OTTAWA: Canadian manufacturing sales in February likely dropped 1.0% as spending on the transportation equipment industry declined, Statistics Canada said in a flash estimate released on Wednesday.

Factory sales gained 3.1% in January. Statscan said the estimate had been calculated based on responses received from 59.0% of companies surveyed. The average final response rate for the survey over the past 12 months has been 90.4%, it added.

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