Canadian manufacturing sales increased to 1.5% in August

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Source: Forexpros
© Scanpix/AFP

Statistics Canada reported on Tuesday that manufacturing sales in Canada gained more than expected in August, ending a 5-month streak of losses. Canadian manufacturing sales rose by 1.5% on a seasonally adjusted basis in August, following a drop of 0.8% in the month before. Economists, however, expected that the August's reading would be equal to a 1% increase.

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Tue, 16 Oct 2012 14:01:01 GMT

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