Canadian manufacturing sales decline, wholesale sales rise

(March 19, 2013) -- Canadian manufacturing sales slipped a marginal 0.2 percent in Jan. 2013 following a downwardly revised 3.3 percent plunge in Dec. 2012. Markets had expected a 0.6 percent increase in January. Wholesale sales rose 0.3 percent in January following a 1.1 percent drop in December.