Canada Factory Sales Expected to Fall 0.2 Percent

Canadian factory sales likely dropped 0.2 percent in July compared to June. Statistics Canada reported the decrease was driven by lower sales in the chemical and fabricated metal product subsectors.

Factory workers operate machine presses at Abipa Canada in Boisbriand, Quebec, Canada May 10, 2023. REUTERS/Evan Buhler

Canada factory sales fell 0.2% in July according to a flash estimate released Monday morning by Statistics Canada. The pullback follows declines in chemical and fabricated metal product subsectors across the country.

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