Canada September factory sales most likely fell 0.1% – Statscan flash estimate

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A worker at the Italian pasta maker De Cecco’s factory prepares pasta in Fara San Martino, Italy, November 29, 2021. Pasta makers are fearful of a substantial supply squeeze in the coming months after this summer’s durum wheat price shock, as the market runs out of ways to offset a dire harvest in top exporter Canada. Picture… Acquire Licensing Rights Read more
OTTAWA, Oct 26 (Reuters) – Canadian factory sales most likely fell 0.1% in September from August, largely due to decreases in the primary metal, chemical and transportation equipment subsectors, Statistics Canada said in a flash estimate on Thursday.
The estimate was calculated based on a weighted response rate of 71.6%. The average weighted response rate for the survey over the previous 12 months has been 94.6%.
NOTE: All figures are seasonally adjusted.
Reporting by Ismail Shakil in Ottawa; Editing by Dale Smith
Our Standards: The Thomson Reuters Trust Principles.

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