Statistics Canada reports wholesale sales rose 1.7% in April

Wholesale sales rose 1.6 per cent in volume terms

Statistics Canada says wholesale sales increased 1.7 per cent to $65.3 billion in April, boosted by the motor vehicle and motor vehicle parts and accessories subsector.

The result topped the 0.2 per cent gain that had been expected on average by economists, according to Thomson Reuters Eikon.

Sales were up in five of seven subsectors accounting for 86 per cent of total wholesale sales.

Wholesale sales in the motor vehicle and motor vehicle parts and accessories subsector rose 3.2 per cent to $11.8 billion, the highest level since November 2017.

The machinery, equipment and supplies subsector increased 2.2 per cent to $13.9 billion.

Wholesale sales rose 1.6 per cent in volume terms.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

UPDATE: Owner reconnects with lost kayaks on Williams Lake

Kayaks picked up by boater July 9 full of water in the middle of the lake

VIDEO: Williams Lake Indian Band getting fast internet in 2020

The provincial government announced Monday it is contributing $177,000 of the $345,000 project costs

Big Creek meeting attracts 50 residents impacted by recent flooding

Representatives from various agencies were on hand to field questions and concerns

Dasiqox Tribal Park management plan development eyed

Proponents hope to have management approach and action plan completed in next three to five years

CASUAL COUNTRY 2019: Young Cariboo athlete shines on world stage

Triathlete Danika Robson is making her dreams come true

VIDEO: Young couple found dead in northern B.C. had been shot, police say

Chynna Noelle Deese of the U.S. and Lucas Robertson Fowler of Australia were found along Highway 97

VIDEO: Man found dead near B.C. teens’ truck could be linked to a double homicide

RCMP said they are looking for Kam McLeod, 19, and Bryer Schmegelsky, 18, of Port Alberni

Latest plan is to fly trapped fish by helicopter over Big Bar slide

Multi-pronged plan set in motion to freesalmon blocked by landslide in the Fraser River

Family of missing B.C. senior with dementia frustrated with situation, heartened by community support

Nine days since Grace was last seen the question remains: ‘How can an 86-year-old just disappear?’

GoFundMe set up after 100 Mile House search finds missing young man deceased

More than $2,500 has been donated to the Allan Faulkner Jr. family through the GoFundMe page

Unsealed record suggests U.S. man convicted of murdering Vancouver Island couple left DNA on zip tie in 1987

William Talbott is set to be sentenced Wednesday in the murders of Jay Cook and Tanya Van Cuylenborg

Okanagan Air Cadet challenges gender-exclusive haircut policy

Haircut regulation inspires challenge around gender identity

VIDEO: Bystander training gains traction as tool to prevent sexual harassment, violence

Julia Gartley was sexually assaulted after an event, and no one stepped in to help

Two brands of ice cream sandwiches recalled due to presence of metal

The Canadian Food Inspection Agency issued a recall on Iceberg and Originale Augustin brands

Most Read