Wholesale sales up 0.6 per cent to $53 billion in June: Statistics Canada
OTTAWA - Statistics Canada says wholesale sales rose 0.6 per cent to $53 billion in June, a third consecutive increase.
The agency says gains in five subsectors more than offset a drop in the motor vehicle and parts subsector.
Economists had expected a gain of 0.4 per cent, according to Thomson Reuters.
Excluding the motor vehicle and parts subsector, which fell 2.4 per cent, wholesale sales rose 1.2 per cent.
Among those posting gains, the miscellaneous subsector was up 3.1 per cent while the building material and supplies subsector was up 2.2 per cent and the machinery, equipment and supplies group gained 0.4 per cent.
Sales increased in the food, beverage and tobacco subsector by 1.5 per cent and the farm product subsector rose 1.4 per cent. Personal and household goods slipped 0.7 per cent.
In volume terms, wholesale sales were up 0.7 per cent.
Read more Business News
- Man sentenced for targeting kidsKelowna - 3:00 pm
- Student stabbed to deathCanada - 2:02 pm
- Scams plague OkanaganVernon / N. Okanagan - 2:14 pm
- Scam man has 44 convictionsKelowna - 11:51 am
|QHR Technologies Inc||1.26||-0.01|
|Anavex Life Sciences||0.20||-0.0195|
|Copper Mountain Mining||2.42||+0.02|
|Sunrise Resources Ltd||0.02||-0.005|
|Mission Ready Services||0.265||-0.005|
“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...
Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...
There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...