Canada's wholesale sales fell 0.6% in August to $81.9bn, mainly driven by motor vehicle and miscellaneous goods sectors.

In August, Canada's wholesale sales dropped 0.6% to $81.9 billion, excluding petroleum products, according to Statistics Canada. The motor vehicle and parts sector fell 1.8%, while miscellaneous goods decreased by 3.9%. However, personal and household goods saw a 2.3% increase, mainly due to pharmaceuticals. Overall, sales volume declined by 0.7%. Data from oilseeds and grains were excluded from monthly analysis due to insufficient historical data.

5 months ago
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