- Analytics
- News and Tools
- Market News
- Canadian wholesale sales rose 0.9% to a record high $61.6 billion in May
Canadian wholesale sales rose 0.9% to a record high $61.6 billion in May
Sales were up in six of the seven subsectors, representing 80% of total wholesale sales. The miscellaneous subsector and the motor vehicle and parts subsector contributed the most to the advance.
In volume terms, wholesale sales increased 0.8% from April to May.
The miscellaneous subsector reported the largest gain in dollar terms, up 2.6% to $8.0 billion in May following a 2.2% decline in April. Sales were up in four of the five industries, led by the agricultural supplies industry (+7.5%) following a 1.2% decline in April. The chemical (except agricultural) and allied product industry increased for the sixth time in seven months, up 8.4% in May.
Sales in the motor vehicle and parts subsector rose 1.4% to $11.6 billion following three consecutive monthly declines. The motor vehicle industry posted the lone increase (+1.9%) among the three industries.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
