Economists had expected an increase of 0.5 per cent, according to Thomson Reuters Eikon. OTTAWA - Statistics Canada says wholesale sales climbed 0.6 per cent to $63.5 billion in January to mark a second consecutive monthly gain. Wholesale sales rose in five of the seven subsectors tracked by Statistics Canada, led by the machinery, equipment and supplies subsector and the personal and household goods subsector. Sales in the machinery, equipment and supplies subsector rose 1.9 per cent to $13.3 billion, while the personal and household goods subsector rose 2.5 per cent to $8.9 billion. The motor vehicle and parts subsector saw the largest decline in dollar terms in January as it fell 2.1 per cent to $10.6 billion.

Source: thestar March 21, 2019 12:45 UTC