Tin tức thị trường
15.10.2024

Canada’s wholesale sales decrease less than anticipated in August

Statistics Canada informed on Tuesday that wholesale sales (excluding petroleum and oilseed and grain) fell 0.6 per cent m-o-m to CAD81.87 billion in August, following a downwardly revised 0.3 per cent m-o-m gain (from +0.4 per cent m-o-m) in July.

Economists had forecast a 1.1 per cent m-o-m plunge for August.

According to the report, sales reduced in five of the seven subsectors, led by farm product, excluding oilseed and grain (-5.1 per cent m-o-m), miscellaneous (-3.9 per cent m-o-m) and motor vehicle and motor vehicle parts and accessories (-1.8 per cent m-o-m). Meanwhile, personal and household goods (+2.3 per cent m-o-m) and building materials and supplies (+0.2 per cent m-o-m) recorded increases in wholesale sales in August.

In y-o-y terms, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) declined 1.4 per cent in August.

Xem thêm