Canada Oct factory sales most likely up 1.3% – Statscan flash estimate

Nov 25 (Reuters) – Canadian factory sales most likely rose 1.3% in October from September, largely driven by higher sales in petroleum and coal product as well as transportation equipment subsectors, Statistics Canada said in a flash estimate on Monday.

The estimate was calculated based on a weighted response rate of 67.8%. The average weighted response rate for the survey over the previous 12 months has been 94.0%.

© Reuters. FILE PHOTO: A factory worker works on a machined aircraft part at Abipa Canada in Boisbriand, Quebec, Canada May 10, 2023. REUTERS/Evan Buhler/File Photo

NOTE: All figures are seasonally adjusted.