Wholesale sales up 2% in December: StatsCan

Increase led by the motor vehicle and parts subsector, which climbed 10.6% to $11.3 billion.

OTTAWA — Statistics Canada says wholesale sales rose 2% to $57.2 billion in December, led by the motor vehicle and parts subsector.

The motor vehicle and parts subsector climbed 10.6% to $11.3 billion as the motor vehicle industry gained 13.7%.

The sales in December were the highest on record for both the industry and its subsector.

Excluding this subsector, Canada’s wholesale sales edged up 0.1%.

In volume terms, wholesale sales increased 1.8 per cent in December.

For 2015 as a whole, wholesale sales totalled $661 billion in 2015, up 4% from 2014.

© 2016 The Canadian Press

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