UPDATE 2-Canada retail sales drop, but could be a one-off

Newswire

* Sharp drop ends rally that started in early 2009 * March's rise accentuated April drop - Statscan * Market still largely anticipates July rate hike (Adds details, quotes) By David Ljunggren OTTAWA, June 23 (Reuters) - Canadian retail sales in April dropped by a much sharper than expected 2.0 percent from March, but analysts cautioned against drawing too many conclusions, saying the retreat could well be a one-off. The median forecast in a Reuters poll was for a 0.4 percent drop ...

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