Statistics Canada Reports February Wholesale Trade Figures up 0.3 Percent

1 Min Read
Statistics Canada Reports February Wholesale Trade Figures up 0.3 Percent

Statistics Canada says wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 percent to $85.7 billion in February.

The overall increase in sales came as just two of the seven subsectors posted gains.

Statistics Canada says sales in the machinery, equipment and supplies subsector gained 7.1 percent for the month to $19 billion, while the food, beverage and tobacco subsector rose 0.5 percent to $15.5 billion.

The motor vehicle and motor vehicle parts and accessories subsector posted the largest decrease as it fell 3.1 percent to $14.3 billion.

In volume terms, wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, increased 0.2 percent in February.

Statistics Canada has started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade, but is excluding the data from its monthly analysis until there is enough historical data.

Related Stories

Wholesale Trade Falls in May as Manufacturing Sales Tick Up: Statistics Canada
Alberta Premier to Visit Montreal, Ottawa to Discuss Interprovincial and International Trade
Share This Article