Thursday, August 21st19.9°C
22568
22828

Wholesale sales dropped 0.4 per cent to $50.5B in March: StatsCan

OTTAWA - Statistics Canada says wholesale sales decreased 0.4 per cent to $50.5 billion in March after two consecutive monthly gains.

The agency says lower sales were recorded in three of the seven subsectors, which together accounted for 51 per cent of wholesale sales.

The motor vehicle and parts subsector recorded the largest decline in March, falling 3.0 per cent to $8.1 billion, the lowest level since September 2012.

The motor vehicle industry, where sales were down 4.4 per cent, accounted for the decrease.

The food, beverage and tobacco subsector rose 1.2 per cent to $10.1 billion, the fifth increase in six months.

Lower sales were recorded in five provinces, which together accounted for 60 per cent of wholesale sales.

The Canadian Press


Read more Business News

22870


Recent Trending




Today's Market
S&P TSX15556.09-5.86
S&P CDNX1002.205.50
DJIA17039.4960.36
Nasdaq4532.104+5.623
S&P 5001992.37+5.86
CDN Dollar0.9140-0.0001
Gold1276.00+2.30
Oil96.30+1.82
Lumber355.60-1.10
Natural Gas3.866-0.023

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.210.00
Cantex0.065-0.005
Anavex Life Sciences0.260.00
Metalex Ventures0.075-0.01
Russel Metals37.59+0.14
Copper Mountain Mining2.88-0.04
Colorado Resources0.1850.00
ReliaBrand Inc0.095+0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.215-0.015

 



21297

FEATURED Property
18003112371 Campbell Road, West Kelowna, BC
4 bedrooms 4 baths
$1,695,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...


Cost of an Injury Lawyer

Let’s face it; nobody wants to pay for legal services if they do not have to, but if you have been injured in an accident you may have thought about hiring a lawyer to help you navigate your cla...


Managing a business in 40 hours a week

My screen printing business, like many others, started as a one-man operation. It was located in a small building, not much better than a shack, with a telephone, a big table where I ate lunch and (oc...

_



22854




Member of BC Press Council


22814