“Wholesale sales increased 0.3% to $63.7 billion in February, the third consecutive monthly gain,” Statistics Canada reported on Tuesday.
Key takeaways from the press release
- Higher sales were recorded in two of seven subsectors, led by the motor vehicle and motor vehicle parts and accessories subsector.
- Excluding this subsector, wholesale sales declined 1.5%.
- In volume terms, wholesale sales increased 0.3%.
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