UPDATE 1-Housing drags on Canada July leading indicator


* Leading indicator rises 0.4 percent in July * Housing downturn offset by manufacturing recovery (Adds details) OTTAWA, Aug 19 (Reuters) - The rise in Canada's composite leading indicator posted the slowest increase in a year at 0.4 percent in July from 0.7 percent in June, as the cooling housing market partially offset a comeback in manufacturing, Statistics Canada said on Thursday. Market players had predicted, on average, a gain of 0.6 percent. Statscan revised its figures for June ...

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