CANADA DATA: Sept wholesale sales -1.4% to C$48.8 bln vs +0.3% in Aug. In volume
terms sales -1.3% with all sub-sectors recording lower sales. Motor vehicle and
parts sub-sector (-4.0%) along with personal and household goods (-2.0%) and
machinery, equipment and supplies (-1.0%) sub-sectors contributed to the bulk of
the decline. Wholesale inventories -0.4% in Sept vs +0.9% in Aug, first drop in
10 months. Inv-to-sales ratio edged up to 1.26 from 1.25.