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Canada June Wholesale Trade Up 0.6%, More than Expected

Posted August 21, 2014

Under Economic Issues, International Trade Issues

(Dow Jones)

Canadian wholesale trade advanced by a more-than-expected 0.6% in June from May, and the volume of sales grew 0.7%, with advances in most sectors offsetting declines in autos and personal and household goods.

Statistics Canada on Wednesday also revised up May’s monthly gain to 2.3% from 2.2%. The median forecast in a Reuters survey of analysts was for a 0.4% gain in June. Read more here.