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May wholesale sales -1.8% MoM vs MNI....>

CANADA DATA: May wholesale sales -1.8% MoM vs MNI economic consensus 
forecast of +0.5%
- Auto sector posted largest decline since Feb 2018 with wholesale sales 
dropping -4.3% MoM
- Wholesale invetories continues a 9-month streak increase, up 1.1% MoM
- Inventory-to-sales ratio rises to 1.43, highest since Oct 1995
- Wholesale sales decline is the fastest since Mar 2016

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