Canada March wholesale trade most likely down 0.4% -Statscan flash estimate

Kitco Media
By Reuters
Published:
Updated:
Reuters
OTTAWA, April 24 (Reuters) - Canadian wholesale trade most likely fell 0.4% in March from February, largely due to lower sales in the machinery, equipment and supplies as well as miscellaneous goods subsectors, Statistics Canada said in a flash estimate on Monday. The estimate was calculated based on a weighted response rate of 56.6%. The average weighted response rate for the survey over the previous 12 months has been 84.2%.


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

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