Canada March wholesale trade drops by 0.4 percent

Tue May 20, 2014 8:33am EDT
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(Reuters) - Canadian wholesale trade unexpectedly dropped by 0.4 percent in March from February, led by lower motor vehicles and parts sales, Statistics Canada data indicated on Tuesday.

Sales declined in three of seven subsectors, representing 51 percent of wholesale trade. In volume terms, sales were down 0.2 percent.

(Reporting by Alex Paterson; Editing by David Ljunggren)