Wholesale sales dip to $55.2B in September
by The Canadian Press
The drop was partially offset by higher sales in the machinery, equipment and supplies, as well as the food and beverage sub-sectors
OTTAWA—Statistics Canada says wholesale sales edged down 0.1 per cent to $55.2 billion in September.
The agency says the drop came due to lower sales in the motor vehicle and parts and the building material and supplies subsectors.
The drop was partially offset by higher sales in the machinery, equipment and supplies, and food, beverage and tobacco subsectors.
Excluding the motor vehicle and parts subsector, wholesale sales rose 0.5 per cent.
In volume terms, wholesale sales fell 0.4 per cent in September.
Wholesale sales were down in five provinces with Alberta and British Columbia the largest contributors to the decline.
