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Wholesale trade, July 2020

From statcan.gc.ca

Wholesale sales grew for a third consecutive month in July as sales rose 4.3% to a record high $65.0 billion on the strength of higher sales in the motor vehicle and motor vehicle parts and accessories subsector. Sales increased in six subsectors in July. Excluding the motor vehicle and motor vehicle parts and accessories subsector, wholesale sales increased 1.8%. Wholesale sale volumes grew 4.2% in July. The wholesale sector has demonstrated considerable resiliency as the Canadian economy started to reopen in the midst of the COVID-19 pandemic. July's sales were 0.6% higher than the pre-COVID-19 level in February ... (full story)

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  • Category: Low Impact Breaking News