Statistics Canada released wholesale sales figures on Tuesday. Wholesale sales declined 0.4% in February, after a 2.9% drop in January.

January's figure was revised up from a 3.1% decline.

The decline was driven by lower sales in the building material and supplies subsector. Sales in the building material and supplies subsector slid 2.7%.

Sales decreased in three of the seven subsectors.

Sales of automobiles and parts dropped by 1.4% in February.

Inventories climbed by 0.6% in February. It was the 14^th consecutive increase.