UPDATE 1-Cars depress Canada retail sales for second month

Newswire

(Adds details) OTTAWA, Sept 21 (Reuters) - Sharply lower new car sales helped pull Canadian retail sales unexpectedly down for a second straight month in July, by 0.8 percent from June, according to Statistics Canada data released on Friday. The figures, combined with falling inflation data released on Wednesday, were likely to chip away at any incentive the Bank of Canada might have to raise interest rates in the near term -- though data earlier this week showed wholesale sales for July ...

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