Canada’s wholesale sales plunged 0.3% in November

Market news

21 January 2015

Canada’s wholesale sales plunged 0.3% in November

Statistics Canada released wholesale sales figures on Wednesday. Wholesale sales declined 0.3% in November, missing expectations for a 0.2% gain, after a 0.1% rise in October. That was the first decrease in 2014.

The decline was driven by lower sales of machinery and equipment. Sales of machinery and equipment dropped 2.8% in November.

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