StatCan: Wholesale sales up 0.3 per cent at $70.3B in August

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OTTAWA –


Statistics Canada says wholesale gross sales rose 0.3 according to cent in August to $70.3 billion, the primary build up following two months of declines.


The company says the acquire got here as gross sales of meals, beverage and tobacco merchandise rose 3.8 according to cent in August to $13.1 billion to most sensible March 2020 gross sales for the primary time.


Gross sales within the construction subject matter and provides subsector climbed 2.3 according to cent upper to $11.4 billion.


In the meantime, motor car and motor car portions and equipment gross sales fell 4.2 according to cent in August to $10.3 billion due partially to the continued scarcity of semiconductor chips.


Gross sales of equipment, apparatus and provides dropped 1.7 according to cent to $14.4 billion.


Wholesale gross sales in consistent buck phrases rose 0.3 according to cent in August.


This file by way of The Canadian Press was once first printed Oct. 15, 2021

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