Canada: Wholesale sales increased 1.0% to $61.0 billion in April
|"Wholesale sales increased 1.0% to $61.0 billion in April, a seventh consecutive monthly advance," announced the Statistics Canada on Tuesday.
Key highlights:
- Gains were recorded in three of seven subsectors, accounting for 41% of total wholesale sales, and were led by the machinery, equipment and supplies subsector.
- In volume terms, wholesale sales increased 0.7% from March to April.
- Sales in the food, beverage and tobacco subsector rose 1.5% to $11.8 billion, a third consecutive monthly gain.
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