Wholesale sales in Canada added 0.5%

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Source: Forexpros
© Scanpix/Reuters

Statistics Canada reported on Friday that wholesale sales grew more than expected in August, ending a 3-month long streak of losses. Wholesale sales increased by 0.5%, beating expectations of a slight 0.2% increase. The reading for a preceding month was revised down to minus 0.7% from an initial estimate of a 0.6% decrease.

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