Canada’s wholesale sales are flat in February

Noticias del mercado

17 marzo 2016

Canada’s wholesale sales are flat in February

Statistics Canada released wholesale sales figures on Thursday. Wholesale sales were flat in January, missing expectations for a 0.2% gain, after a 1.8% rise in December. December's figure was revised up from a 2.0% increase.

A rise in the machinery, equipment and supplies subsector was offset by a drop in the motor vehicle and parts subsector.

Sales of motor vehicle and parts were down 2.3% in January, while sales in in the machinery, equipment and supplies subsector rose 2.6%.

Inventories increased by 0.3% in January.

Bank of England keeps its interest rate on hold at 0.5% in March

Philadelphia Federal Reserve Bank’s manufacturing index climbs to 12.4 in March

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