Canada’s wholesale sales are flat in July

Market news

21 September 2015

Canada’s wholesale sales are flat in July

Statistics Canada released wholesale sales figures on Monday. Wholesale sales were flat in July, after a 1.3% rise in June.

Sales of automobiles and parts were up 0.2% in July.

Sales in the machinery, equipment and supplies subsector rose 1.0% in July, while sales in the food, beverage and tobacco subsector declined 0.5%.

Inventories climbed by 0.6% in July.

St. Louis Fed President James Bullard: the interest rate hike in October is possible

European Central Bank Governing Council member the head of the Bank of Spain Luis Maria Linde: the central bank’s asset-buying programme is working well and there is no need to extend it

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