Source: Statistics Canada
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Following April’s sharp decline, Canadian wholesale sales posted a modest rebound in May with most sectors registering gains.

Overall sales rose&nbsp ; 0.6% to&nbsp ; $43.1&nbsp ; billion in May, offsetting some of April’s large drop (-3.0%). Five of the seven wholesale sectors reported higher sales in May, with the largest gains observed in the machinery and electronic equipment (+2.1%) and other products” (+1.9%) sectors. More modest rises were recorded by wholesalers of building materials, personal and household goods and automotive products.

These gains were partially offset by lower sales in the food, beverages and tobacco products sector, which posted its first decline of&nbsp ; 2007, and the farm products …