Canada wholesale trade unchanged in January

18 Mar, 2016

The value of Canadian wholesale trade remained unchanged in January from December as lower auto sales cancelled out gains in other sectors, Statistics Canada said on Thursday. Analysts in a Reuters poll had predicted a 0.2 percent increase in wholesale sales from December. In volume terms, sales fell by 0.2 percent.
Sales in the motor vehicles and parts subsector dropped by 2.8 percent, the first decline in three months.

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