Wholesale sales excluding petroleum products and oilseeds and grains up in May

Statistics Canada says wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and excluding oilseed and grains, rose 3.5 per cent to $83.6 billion in May.

The agency says it was the largest monthly increase since November 2021 as sales were up in four of the seven subsectors that it tracks.

Sales in the machinery, equipment and supplies subsector rose 5.6 per cent to $18.9 billion in May, while the miscellaneous subsector climbed 8.8 per cent to $11.3 billion.

The motor vehicle and motor vehicle parts and accessories subsector gained 7.1 per cent at $13.7 billion.