Canada Wholesale Revenues Grow in May
Product DetailsSource: Statistics Canada
The value and volume of wholesale trade in Canada rose in May, due in large part to higher global demand for agricultural chemical products.
Current dollar wholesale trade rose 1.6% to $44.2 billion in May, the fourth gain in the last five months. When removing the effect of price changes, sales in constant dollars increased by 0.7% in May.
Overall, six of seven wholesale sectors reported higher sales values, with the only decline coming from the automotive sector. Both motor vehicles and motor vehicle parts and accessories fell.
Since February 2008, the trend in current dollar wholesale trade has been slightly upwards. This follows a period, from July 2007 to ...