Factory sales rise unexpectedly in June
Postmedia News · Tuesday, Aug. 17, 2010OTTAWA — Canadian factory sales rose unexpectedly in June, marking the 11th advance in the past 13 months from a low in May 2009, Statistics Canada reported on Tuesday.
Manufacturing sales were up 0.1% to $44.8-billion during the month, with gains in nine of the 21 industries tracked by the federal agency said.
Most economists had expected sales to decline by around 0.5% in June.
Meanwhile, Statistics Canada revised its estimate for May sales to an increase of 0.5% from a previously reported 0.4% rise.
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