Canada December factory sales fall 0.9 percent after three monthly gains

Fri Feb 14, 2014 10:48am EST
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(Reuters) - Canadian factory sales fell 0.9 percent in December, led by a sharp decline in the volatile aerospace industry, Statistics Canada said on Friday. This followed a downwardly revised 0.5 percent rise in November.

Sales of aerospace products and parts sank by 19.4 percent. Overall constant dollar sales, relevant for calculating real gross domestic product growth, decreased 1.9 percent, the biggest drop in a year, reflecting lower volumes.

(Reporting by Alex Paterson; editing by Randall Palmer)

Buildings are seen in the financial district in Toronto, January 28, 2013.REUTERS/Mark Blinch