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Canada July wholesale trade most likely down 1.1% - Statscan flash estimate

Reuters
Honda announces plans to build electric vehicles and their parts in 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