
Machinery and equipment led surprise wholesale sales growth
Ontario accounted for much of the gain, which offset a drop in motor vehicles and parts
October 20, 2014
by The Canadian Press

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OTTAWA—Statistics Canada says wholesale sales increased 0.2 per cent to $53.1 billion in August.
The federal agency says gains in three subsectors—especially in machinery, equipment and supplies—more than offset declines elsewhere.
Economists had expected a loss of 0.2 per cent, according to Thomson Reuters.
Wholesale sales rose 1.0 per cent when the motor vehicle and parts subsector—which had the largest drop—was excluded.
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In volume terms, wholesale sales edged up 0.1 per cent.
Statistics Canada says sales rose in four provinces in August, which together represented two-thirds of wholesale sales in Canada, with Ontario accounting for much of the gain.