Canada Wholesale Revenues Stay Steady in April
Release taken from Statistics Canada
Wholesale sales remained essentially unchanged in April (+0.1%) after posting strong growth in March (+1.2%). Wholesalers sold $41.6 billion worth of goods and services in April. Increased sales of consumer goods were offset by decreased capital spending. Total wholesale sales have generally been rising since April 2003.
In April, sales rose in three of the seven wholesale sectors: food, beverages and tobacco products (+1.8%), personal and household goods (+1.3%) and "other products" (+1.2%). The steepest decline was registered by wholesalers of building materials (-1.8%).
In constant dollars, wholesale sales grew 1.0% in April. ...