Statistics Canada says wholesale sales rose in November, manufacturing sales down
Wholesale trade in volume terms rose 0.9% in November
OTTAWA — Statistics Canada says wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month.
The agency says wholesale sales rose 0.7% to an all-time high of $67.4 billion as five of seven subsectors reported stronger sales.
The gains were led by the machinery, equipment and supplies subsector and the building material and supplies subsector.
Wholesale trade in volume terms rose 0.9% in November.
Meanwhile, Statistics Canada says manufacturing sales fell 0.6% to $53.7 billion in November.
The agency says the decline was driven mainly by the aerospace product and parts, motor vehicle, and motor vehicle parts industries.