Business

Canada April factory sales likely fell by 1.1% – Statscan flash estimate By Reuters

© Reuters. FILE PHOTO: Workers make jackets on the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. REUTERS/Mark Blinch/File Photo

OTTAWA (Reuters) – Canadian factory sales likely fell 1.1% in April from March, Statistics Canada mentioned in a flash estimate on Tuesday. The lower is generally attributed to decrease sales within the transportation tools trade.

Factory sales rose 3.5% in March.

Statscan mentioned the estimate had been calculated primarily based on responses acquired from 47% of firms surveyed. The common ultimate response price for the survey over the previous 12 months has been 91.5%, it added.

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