Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate

Reuters

August 25, 2023 at 8:38 a.m.·1 min read

FILE PHOTO: A customer's cart filled with the shopping supplies they're purchasing in response to news about coronavirus in Greater Vancouver

OTTAWA (Reuters) - Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle parts and accessories as well as the building material and supplies subsectors, Statistics Canada said in a flash estimate on Friday.

The estimate was calculated based on a weighted response rate of 58.1%. The average weighted response rate for the survey over the previous 12 months has been 77.9%.

(This story has been corrected to change the month to July from June in headline)

(Reporting by Ismail Shakil in Ottawa; Editing by Dale Smith)

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