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“Wholesale sales rose 1.2% to a record $63.7 billion in May. Sales were up in four of seven subsectors, representing approximately 50% of total wholesale sales,” Statistics Canada announced on Monday.

Key takeaways from the official publication

  • In volume terms, wholesale sales increased 1.3%.
  • In dollar terms, the miscellaneous subsector reported the largest increase in May, as sales rose 7.8% to $8.3 billion.
  • Sales were up in four of five industries, led by the agricultural supplies industry (+25.6%) following a 5.4% decline in April.
  • In volume terms, the agricultural supplies industry increased 27.4%.