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Canada factory sales fall 0.4% in July

Canadian manufacturing activity pulled back in July for the first time in six months as chemical and food sales declined while petroleum trade rose with higher prices. Factory shipments decreased 0.4% month over month to a seasonally adjusted 78.71 billion Canadian dollars.

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Canadian manufacturing activity slipped in July for the first time in six months, as declines in chemical and food sales outweighed a pickup in petroleum trade on higher prices. 71 billion Canadian dollars.