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TechnologyStatistics Canada reports wholesale sales rose 1.7 per cent in April

16:17  25 june  2019
16:17  25 june  2019 Source:   msn.com

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OTTAWA - Statistics Canada says wholesale sales increased 1 . 7 per cent to .3 billion in April , boosted by the motor vehicle and motor vehicle parts and accessories subsector. The result topped the 0.2 per cent gain that had been expected on average by economists, according to Thomson Reuters

OTTAWA - Statistics Canada says wholesale sales increased 1 . 7 per cent to .3 billion in April , boosted by the motor vehicle and motor vehicle The result topped the 0.2 per cent gain that had been expected on average by economists, according to Thomson Reuters Eikon. Sales were up in

Statistics Canada reports wholesale sales rose 1.7 per cent in April© Provided by Canadian Press Enterprises Inc

OTTAWA — Statistics Canada says wholesale sales increased 1.7 per cent to $65.3 billion in April, boosted by the motor vehicle and motor vehicle parts and accessories subsector.

The result topped the 0.2 per cent gain that had been expected on average by economists, according to Thomson Reuters Eikon.

Sales were up in five of seven subsectors accounting for 86 per cent of total wholesale sales.

Wholesale sales in the motor vehicle and motor vehicle parts and accessories subsector rose 3.2 per cent to $11.8 billion, the highest level since November 2017.

The machinery, equipment and supplies subsector increased 2.2 per cent to $13.9 billion.

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Statistics Canada says wholesale sales increased 1 . 7 per cent to .3-billion in April , boosted by the motor-vehicle and motor-vehicle parts and accessories subsector. The result topped the 0.2- per - cent gain that had been expected on average by economists, according to Thomson Reuters

Statistics Canada said Thursday that wholesale sales fell to their lowest level since July 2013 as all seven subsectors recorded lower sales for the first time since November Regionally, Statistics Canada said nine provinces saw wholesale sales move lower, while Saskatchewan rose 1 .6 per cent .

Wholesale sales rose 1.6 per cent in volume terms.

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