Renewable Energy

Canada March wholesale trade up 1.4% on building materials

Credit: REUTERS/CANDACE ELLIOTT

Canadian wholesale trade increased by 1.4% in March from February on stronger sales in the building material and supplies subsector, Statistics Canada said on Thursday.

    May 23 (Reuters) - Canadian wholesale trade increased by 1.4% in March from February on stronger sales in the building material and supplies subsector, Statistics Canada said on Thursday.
    Sales were up in six out of seven subsectors, representing 82% of wholesale trade, while sales increased in eight of the 10 provinces. Sales grew by 1.0% in volume terms.
    
      
  
  (Percent changes)
                               Mar       Mar     Feb (rev)  Feb (prev)
                              mo/mo     yr/yr     mo/mo      mo/mo
  Wholesale trade             +1.4       +2.8      +0.2       +0.3
  Wholesale trade ex-autos    +2.2       +3.8      -1.6       -1.5
  Wholesale inventories       +0.4       +9.9      +0.4       -0.1
  
  Sectors:
  Farm products               +2.8       -0.1
  Food/beverages/tobacco      +0.4       +2.6         
  Personal/household          +2.1       +2.6
  Motor Vehicles and Parts    -2.0       -1.8
  Building materials/supplies +4.5       -2.8
  Machinery/equipment         +2.9       +6.0   
  Misc.                       +1.0      +12.1
 
  
 
    NOTE: Analysts surveyed by Reuters had forecast a 0.9% increase in wholesale trade in March from February. All figures are seasonally adjusted. (Reporting by Dale Smith)
 

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