Canadian Factory Sales Down For Third Month In Four


16/06/2012 02:14 AST  RTT News

Canadian manufacturing sales unexpectedly fell in April, signaling the nation's factory sector is feeling the effects of a global slowdown brought on by problems in Europe.

Manufacturing sales fell 0.8 percent in April to $49.1 billion, Statistics Canada said Friday. The third decline in four months trimmed progress made in March, when sales were up 1.6 percent.

The aerospace industry and the energy production facilities posted the largest decreases. This was partially offset by strong sales of cars and trucks.

Motor vehicles sales rose to the highest level since November 2007, the agency noted.

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