Canada’s wholesale sales declined 0.3 per cent to $54.0 billion in November, following two consecutive monthly gains. Decreases were recorded in three of seven subsectors, led by the machinery, equipment and supplies subsector, and were partially offset by higher sales in the motor vehicle and parts subsector.
In volume terms, wholesale sales were down 0.3 per cent.
Inventories edged up 0.1 per cent in November to $68.2 billion, an 11th consecutive monthly increase. Gains were recorded in three of seven subsectors, representing 41 per cent of wholesale inventories.