Canada August factory sales fall 2.0% after three months of gains
OTTAWA, Oct 16 (Reuters) - Canadian manufacturing sales fell by 2.0% in August, following three months of consecutive gains, Statistics Canada said on Friday.
Analysts in a Reuters poll had forecast a drop of 1.4% in August. Statistics Canada revised July's gain to 7.2% from 7.0%. Manufacturing sales remain 6.6% below pre-pandemic levels, Statscan said.
The largest declines were in transportation equipment, down 13.7%, mostly on lower sales of motor vehicle assembly and parts.
(Reporting by Julie Gordon in Ottawa)
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