Statistics Canada says wholesale sales edged up 0.1 per cent in June - News Summed Up

Statistics Canada says wholesale sales edged up 0.1 per cent in June


© Provided by The Canadian PressOTTAWA — Statistics Canada says wholesale sales rose 0.1 per cent to $80.7 billion in June, boosted by the miscellaneous and motor vehicle and motor vehicle parts and accessories subsectors. Statistics Canada says the growth reflects the demand for Canadian fertilizer because of the ongoing conflict in Ukraine. Sales of motor vehicles and motor vehicle parts and accessories gained 3.1 per cent due to higher sales in the motor vehicle industry, which added 5.3 per cent. Meanwhile, the personal and household goods subsector fell 3.5 per cent as textile, clothing and footwear dropped 12.0 per cent, pharmaceuticals and pharmacy supplies lost 2.5 per cent and personal goods fell 6.1 per cent. Statistics Canada says sales in constant dollars fell 0.1 per cent in June.


Source: CBC News August 15, 2022 16:15 UTC



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