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Canada Factory Sales Fall 0.6% in November From October

By Paul Vieira

OTTAWA–Canadian manufacturing sales dropped for the first time in three months in November, weighed down by weaker demand for automotive and aerospace products.

Canadian factory shipments declined 0.6% in November from October to a seasonally adjusted 53.66 billion Canadian dollars, or the equivalent to $42.05 billion, Statistics Canada said Tuesday. Market expectations were for a 0.1% increase, according to economists at Bank of Nova Scotia.

The prior month’s data were revised downward, and now indicate sales rose by 0.2% in October versus the earlier estimate of a 0.3% increase.

Write to Paul Vieira at [email protected]

(END) Dow Jones Newswires

01-19-21 0900ET

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