Statistics Canada reports wholesale sales up 0.1 per cent in January
by The Canadian Press
The food, beverage and tobacco subsector rose 3.1 per cent over the course of the month, offsetting losses in three of seven other areas
OTTAWA—Statistics Canada says wholesale sales rose 0.1 per cent to $63.3 billion in January, helped by the food, beverage and tobacco subsector and the machinery, equipment and supplies subsector.
The agency says sales were up in four of seven subsectors, accounting for 66 per cent of total wholesale sales.
Sales in the food, beverage and tobacco subsector rose 3.1 per cent to $12.3 billion in January, following a 1.8 per decline in December.
The machinery, equipment and supplies subsector climbed 1.6 per cent to $13.1 billion.
Offsetting the gains, the building material and supplies subsector fell 4.0 per cent to $8.9 billion, the first drop since August 2017.
Motor vehicle and parts fell 1.6 per cent to $11.6 billion, the lowest level since June 2017.
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