Economic Indicators
Canada July wholesale trade most likely fell 0.6% – Statscan flash estimate
2022.08.24 15:53
A visitor views a cutaway 2020 Ford Explorer Hybrid at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. REUTERS/Chris Helgren/File Photo
OTTAWA (Reuters) – Canadian wholesale trade mostly likely fell 0.6% in July from June, largely driven by lower sales of motor vehicles and motor vehicle parts, Statistics Canada said on Wednesday.
The flash estimate was calculated based on a weighted response rate of 59.7%. The average final response rate for the survey over the past 12 months has been 86.6%.
