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Canada April factory sales fell by 1.1%

Canada April factory sales fell by 1.1%

Canadian factory sales likely fell 1.1% in April from March, Statistics Canada said in a flash estimate on Tuesday. The decrease is mostly attributed to lower sales in the transportation equipment industry.

Factory sales rose 3.5% in March.

Statscan said the estimate had been calculated based on responses received from 47% of companies surveyed. The average final response rate for the survey over the past 12 months has been 91.5%, it added.

 

(Reporting by Steve Scherer, editing by Dale Smith)

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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