UPDATE 1-Canada July retail sales fall, but future rosy

Newswire

(Changes throughout, changes dateline, PVS OTTAWA) By Rajiv Sekhri TORONTO, Sept 23 (Reuters) - Canadian retail sales fell in July after a hefty climb in June, hitting the dollar and prompting concern about the health of Canada's economy. But analysts discounted the drop as a blip on the macroeconomic radar screen. It its latest bulletin, released on Monday, Statistics Canada said retail sales slipped 0.3 percent in July to C$25.6 billion ($16.2 billion) after a hefty gain of 1.9 ...

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