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June wholesale sales up 0.6%: Statistics Canada

Machinery, equipment and supplies rose 1.5% to $13.9 billion.

August 22, 2019   by CP STAFF

OTTAWA — Statistics Canada says wholesale sales climbed 0.6% to $64.1 billion in June following a drop of 1.9% in May.

Economists had expected an increase of 0.3% for June, according to the financial markets data firm Refinitiv.

Sales were up in four of seven subsectors, representing 54% of total wholesale sales.

The miscellaneous subsector posted the largest increase in June in dollar terms as it rose 3.5% to $8.2 billion.

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Sales in the machinery, equipment and supplies subsector rose 1.5% to $13.9 billion, while the food, beverage and tobacco subsector increased 1.3% to $12.1 billion.

Wholesale sales increased 0.6% in volume terms.


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Economy General Manufacturing Economy manufacturing wholesale sales


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