Canada’s wholesale sales jumped 2.5% in December

Market news

18 February 2015

Canada’s wholesale sales jumped 2.5% in December

Statistics Canada released wholesale sales figures on Wednesday. Wholesale sales jumped 2.5% in December, exceeding expectations for a 0.4% gain, after a 0.3% drop in November. That was the highest increase since January 2011.

The increase was driven by a rise in six of the seven sectors. Sales of automobiles climbed 9.0% in December.

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