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

© 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%.

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