Canada April factory sales most likely up 1.2% - Statscan flash estimate

Reuters

May 24, 2024 at 8:31 a.m.

A factory worker walks past a row of automated five-axis cells used in the production and manufacturing of aircraft parts, at Abipa Canada, in Boisbriand

May 24 (Reuters) - Canadian factory sales most likely rose 1.2% in April from March, largely driven by higher sales in the transportation equipment subsector, Statistics Canada said in a flash estimate on Friday.

The estimate was calculated based on a weighted response rate of 64.7%. The average weighted response rate for the survey over the previous 12 months has been 94.7%.

NOTE: All figures are seasonally adjusted.

(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/MANUFACTURING

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