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- Canadian wholesale sales rose for the third time in five months, up 1.5% to $63.9 billion in July
Canadian wholesale sales rose for the third time in five months, up 1.5% to $63.9 billion in July
Wholesale sales rose for the third time in five months, up 1.5% to $63.9 billion in July, more than offsetting the 0.9% decline in June. Sales were up in four of seven subsectors, representing approximately 66% of total wholesale sales.
The personal and household goods; food, beverage and tobacco; and motor vehicle and parts subsectors led the gains in July, while the miscellaneous subsector posted the largest decline.
In volume terms, wholesale sales increased 1.2%.
The personal and household goods subsector rose for the second consecutive month, up 4.2% to $9.2 billion in July. Sales were up in five of six industries, led by the textile, clothing and footwear, and personal goods industries. In volume terms, sales in the subsector increased 4.6%.
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