Home > Economic Indicators > Canada December factory sales most likely up 0.6% -Statscan flash estimate

Canada December factory sales most likely up 0.6% -Statscan flash estimate

2025/01/25 18

© Reuters. FILE PHOTO: Factory workers operate machine presses at Abipa Canada in Boisbriand, Quebec, Canada May 10, 2023. REUTERS/Evan Buhler/File Photo

OTTAWA (Reuters) – Canadian factory sales most likely rose 0.6% in December from November, largely driven by increases in the petroleum and coal product as well as food subsectors, Statistics Canada said in a flash estimate on Friday.

The estimate was calculated based on a weighted response rate of 68.9%. The average weighted response rate for the survey over the previous 12 months has been 93.6%.

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.