Canadian Manufacturing

Wholesale sales increased two per cent in December

Statistics canada said 2015 wholesale sales totalled $661 billion, up four per cent from 2014.

OTTAWA—Statistics Canada says wholesale sales rose 2.0 per cent to $57.2 billion in December, led by the motor vehicle and parts subsector.

The motor vehicle and parts subsector climbed 10.6 per cent to $11.3 billion as the motor vehicle industry gained 13.7 per cent.

The sales in December were the highest on record for both the industry and its subsector.

Excluding this subsector, Canada’s wholesale sales edged up 0.1 per cent.

In volume terms, wholesale sales increased 1.8 per cent in December.

For 2015 as a whole, wholesale sales totalled $661 billion in 2015, up 4.0 per cent from 2014.

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