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    20.10.2015 12:37 Canada’s wholesale sales decrease 0.1% in August

    Statistics Canada released wholesale sales figures on Tuesday. Wholesale sales fell 0.1% in August, missing expectations for a 0.2% gain, after a 0.1% decline in July. July's figure was revised down from a flat reading.

     

    Sales of automobiles and parts were down 1.2% in August.

     

    Sales in the machinery, equipment and supplies subsector declined 2.4% in August, while sales in the food, beverage and tobacco subsector decreased 0.4%.

     

    Inventories climbed by 0.6% in August.


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