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Wholesale sales rose 0.1 per cent in January: Statistics Canada

Wholesale sales rose 0.1 per cent in January: Statistics Canada

BNN Bloomberg
Friday, March 15, 2024 05:12:31 PM UTC

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.1 per cent to $82.4 billion in January.

The agency says the increase from December came as sales climbed in three of the seven subsectors it studies, including machinery, equipment and supplies, and personal and household goods.

Sales in the machinery subsector alone grew by 1.4 per cent to $17.4 billion in January, its first increase in five months. 

For a fourth consecutive month, the personal and household goods subsector also rose, jumping 1.8 per cent to $12 billion in January. 

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