World Economy

Canada Factory Sales Rise

Canada Factory Sales RiseCanada Factory Sales Rise

Canadian factory sales rose faster than economists predicted in December as gains in motor vehicles and machinery more than made up for lower crude oil prices. Sales climbed 1.7% to C$52.4b ($41.8b), Statistics Canada said Friday in Ottawa. Economists forecast a 0.9% increase, according to the median of a Bloomberg survey with 15 responses.