Canada July wholesale trade most likely down 1.1% - Statscan flash estimate
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FILE PHOTO: Vehicles move along the assembly line as Honda announces plans to build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments, at their automotive assembly plant in Alliston, Ontario,
Aug 27 (Reuters) - Canadian wholesale trade most likely fell 1.1% in July from June, largely driven by lower sales in the motor vehicle and motor vehicle parts and accessories, and the personal and household goods subsectors, Statistics Canada said in a flash estimate on Tuesday.
The estimate was calculated based on a weighted response rate of 61.4%. The average weighted response rate for the survey over the previous 12 months has been 81.3%.
NOTE: All figures are seasonally adjusted.
(Reporting by Dale Smith; Editing by Promit Mukherjee)
Keywords: CANADA ECONOMY/WHOLESALE
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