economic indicators

Canada April factory sales likely fell by 1.1% – Statscan flash estimate

Economic Indicators57 minutes ago (May 25, 2021 08:46AM ET)Canada April factory sales likely fell by 1.1% - Statscan flash estimate© Reuters. FILE PHOTO: Workers make jackets at the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. REUTERS/Mark Blinch/File Photo

OTTAWA (Reuters) – Canadian factory sales likely fell 1.1% in April from March, Statistics Canada said in a flash estimate on Tuesday. The decrease is mostly attributed to lower sales in the transportation equipment industry.

Factory sales rose 3.5% in March.

Statscan said the estimate had been calculated based on responses received from 47% of companies surveyed. The average final response rate for the survey over the past 12 months has been 91.5%, it added.Canada April factory sales likely fell by 1.1% – Statscan flash estimateAdd a Comment

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