Advance: Canada Wholesale Sales Down 0.6% in January - Modern Distribution Management

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Advance: Canada Wholesale Sales Down 0.6% in January

Dragged down by building materials and supplies, it followed a 0.3% increase in December.
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According to an advance estimate from Statistics Canada, the nation’s January wholesale trade sales had widespread decline in January, with the agency noting the most notable slide was in building materials and supplies.

A report released Feb. 26 indicated that wholesale sales — excluding petroleum, petroleum products, other hydrocarbons and oilseed and grain — fell 0.6% in January month-to-month, following a 0.3% increase in December that totaled $82.9 billion.

Here is the advance estimate for Statistics Canada’s seven wholesale trade subsectors in January vs. December:

  • Farm products (excluding oilseed and grain): -6.2%
  • Food, beverage and tobacco products: -0.8%
  • Personal and household goods: -1.8%
  • Motor vehicle and motor vehicle parts and accessories: -0.8%
  • Building material and supplies: -3.9%
  • Machinery, equipment and supplies: +3.1%
  • Miscellaneous goods: -0.4%

The official estimate of January wholesale sales will be released on March 15.

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