“Wholesale sales fell 1.0% in November to $63.0 billion, more than offsetting the 0.7% increase in October,” Statistics Canada announced today.
Key takeaways from the press release
- Sales were down in five of seven subsectors, representing about 82% of total wholesale sales.
- In volume terms, wholesale sales decreased 1.2%.
- Wholesale inventories increased for the third consecutive month, up 0.7% to $88.9 billion in November.
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