Canadian Wholesale Services Price Index Increased 0.3% in 3Q

Four of the eight subsectors posted margin gains.

Margins for products sold by Canadian wholesalers, as measured by the Wholesale Services Price Index, were up 0.3 percent in the third quarter, according to new data from Statistics Canada.

Overall, four of the eight subsectors posted margin gains, while the remaining subsectors posted declines.

Building materials and supplies merchant wholesalers (+3.7 percent) were the largest contributors to the quarterly increase, as a result of higher margins for metal service centers (+7.9 percent), plumbing, heating and air-conditioning equipment and supplies (+6.3 percent), and electrical wiring and construction supplies (+6.5 percent) merchant wholesalers.

Margins for motor vehicle and motor vehicle parts and accessories merchant wholesalers rose 3.2 percent, mainly due to new and used automobiles and light-duty truck merchant wholesalers (+8.6 percent).

Higher margins for petroleum and petroleum products (+1.9 percent) and personal and household goods (+0.3 percent) merchant wholesalers also contributed to the gain in the quarter.

Moderating the quarterly increase in the WSPI was machinery, equipment and supplies merchant wholesalers (-1.7 percent), with computer, computer peripheral and pre-packaged software (-9.9 percent) merchant wholesalers contributing the most to the decline in margins for this subsector.

Lower margins for miscellaneous merchant wholesalers (-1.4 percent) also moderated the quarterly increase in the WSPI.

Farm products merchant wholesalers recorded the largest decrease (-6percent) in the third quarter, mostly due to lower margins at oilseed and grain merchant wholesalers (-8.1 percent).

Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.