UPDATE 1-Canada July GDP grows less than expected

Newswire

(Adds detail) OTTAWA, Sept 28 (Reuters) - Canada's economy grew by a slightly slower-than-expected 0.2 percent in July as a contraction in the energy sector offset strong wholesale trade and services, Statistics Canada said on Friday. The growth rate was below analysts' average forecast of a 0.3 percent gain, according to a Reuters poll. Monthly gross domestic product also grew 0.2 percent in June and 3.4 percent in the second quarter on an annualized basis. Wholesale trade rose 2.3 ...

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