Feb 25 (Reuters) – Canadian factory sales most likely rose 2.0% in January from December, largely driven by higher sales in motor vehicle industry group, as well as the primary metal subsectors, Statistics Canada said in a flash estimate on Tuesday. The estimate was calculated based on a weighted response rate of 62.4%. The average […]
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Canada January factory sales most likely up 2.0% – Statscan flash estimate
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Feb 25 (Reuters) – Canadian factory sales most likely rose 2.0% in January from December, largely driven by higher sales in motor vehicle industry group, as well as the primary metal subsectors, Statistics Canada said in a flash estimate on Tuesday.
The estimate was calculated based on a weighted response rate of 62.4%. The average weighted response rate for the survey over the previous 12 months has been 93.6%.
(Reporting by Dale Smith; editing by Promit Mukherjee) (([email protected])