March 22 (Reuters) - Canada's main stock index pulled back from six-month highs on Friday after the country's overall inflation missed the central bank's target for the second straight month, while energy stocks came under pressure from a drop in oil prices.
* At 9:37 a.m. ET (13:37 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 73.03 points, or 0.45 percent, at 16,171.56, on pace for its steepest drop in two months.
* Domestic economic data showed Canada's annual inflation rate edged up to 1.5 percent in February, but remained below the Bank of Canada's 2.0 percent target for the second successive month. Stocks retreated worldwide after soft German manufacturing data stoked fears of a global economic slowdown, following a dovish turn by the Federal Reserve earlier this week. MKTS/GLOB
* Meanwhile, Canadian retail sales unexpectedly dropped for the third consecutive month in January, mainly due to weak auto sales. Nine of the index's 11 major sectors were lower, led by 1.3 percent decline in the energy sector .SPTTEN
* U.S. crude CLc1 prices slipped 1.2 percent a barrel, while Brent crude LCOc1 lost 1.4 percent. O/R
* The heavyweight financials sector .SPTTFS slipped 0.6 percent, while the industrials sector .GSPTTIN fell 0.6 percent.
* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, lost 0.3 percent. GOL/ MET/L
* On the TSX, 86 issues were higher, while 154 issues declined for a 1.79-to-1 ratio to the downside, with 14.86 million shares traded.
* The largest percentage gainers on the TSX were BRP Inc DOO.TO , which jumped 5.7 percent after posting fourth-quarter results, and Fortuna Silver Mines Inc FVI.TO , which rose 1.8 percent.
* MEG Energy Corp MEG.TO fell 3.1 percent, the most on the TSX. The second biggest decliner was Baytex Energy Co BTE.TO , down 2.8 percent.
* The most heavily traded shares by volume were Aurora Cannabis ACB.TO , Bombardier Inc BBDb.TO and Encana Corp ECA.TO .
* The TSX posted six new 52-week highs and no new low.
* Across all Canadian issues there were 48 new 52-week highs and two new lows, with total volume of 24.84 million shares.