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    Canada’s wholesale sales falls 0.4% in February | 21.04.2015


    Statistics Canada released wholesale sales figures on Tuesday. Wholesale sales declined 0.4% in February, after a 2.9% drop in January.



    January's figure was revised up from a 3.1% decline.



    The decline was driven by lower sales in the building material and supplies subsector. Sales in the building material and supplies subsector slid 2.7%.



    Sales decreased in three of the seven subsectors.



    Sales of automobiles and parts dropped by 1.4% in February.



    Inventories climbed by 0.6% in February. It was the 14th consecutive increase.

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