Growth in wholesale sales in Canada exceeded forecasts in March

In March 2018, wholesale sales in Canada grew by 1.1% to 62 billion 800 million US dollars after a decline in February. Without taking into account the subsector of cars and spare parts, where the biggest increase was recorded, wholesale sales increased by 0.2%. Sales growth was observed in 4 out of 7 subsectors. Sales in the subsector of vehicles and parts increased by 5% to 11 billion 800 million US dollars after three months of decline. The subsector of building materials and tools increased sales by 3.4% and reached a record $9 billion 200 million. The subsector of personal and household goods grew by 0.6%, the pharmaceutical and equipment industry - by 3.6%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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