• Canada’s wholesale sales decrease 0.1% in September

Market news

19 November 2015

Canada’s wholesale sales decrease 0.1% in September

Statistics Canada released wholesale sales figures on Thursday. Wholesale sales fell 0.1% in September, missing expectations for a 0.3% gain, after a 0.1% decline in August.

The decline was driven by lower sales in the motor vehicle and parts and the building material and supplies subsectors.

Sales of automobiles and parts were down 3.0% in September.

Sales in the building material and supplies subsector declined 2.1% in September, while sales in the food, beverage and tobacco subsector increased 1.6%.

Inventories fell by 0.4% in September.

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