• Canadian wholesale sales rose 1.1% to $62.8 billion in March, more than offsetting the decline in February

Market news

22 May 2018

Canadian wholesale sales rose 1.1% to $62.8 billion in March, more than offsetting the decline in February

The motor vehicle and parts subsector contributed the most to the gain. Excluding this subsector, wholesale sales rose 0.2%.

Sales were up in four of seven subsectors in March. In volume terms, wholesale sales rose 0.8%.

In the first quarter of 2018, wholesale sales rose 0.5% in current dollars and 0.4% in constant dollars compared with the fourth quarter of 2017. For both current and constant dollars, this marked the eighth consecutive quarterly increase

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