Statistics Canada announced that wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.7% to $84.7 billion in June.

The Federal agency notes that sales increased in four of the seven subsectors, representing 54.2% of total wholesale sales. The largest increases came from the food, beverage and tobacco (+1.7% to $15.6 billion) and the miscellaneous (+2.4% to $10.7 billion) subsectors. Wholesale sales were 3.2% higher in June, compared with the same month one year earlier.

In June, six provinces reported higher wholesale sales, led by Quebec and Ontario.

Quebec led the provincial sales increase in June (+1.9% to $15.3 billion). Higher sales were reported in five of the seven subsectors, with the miscellaneous (+8.4% to $1.5 billion) and the building material and supplies (+5.3% to $2.3 billion) subsectors posting the largest gains.

Ontario posted the second-largest increase in provincial wholesale sales in June, rising 0.7% to $43.8 billion. Sales increased in five of the seven subsectors, with the food, beverage and tobacco subsector reporting the largest increase (+2.4% to $7.3 billion).

Alberta (-2.9% to $9.2 billion) posted a decline in wholesale sales in June, moderating the national increase. Sales decreased in five of the seven subsectors, with the machinery, equipment and supplies subsector (-4.3% to $2.9 billion) declining the most.

 

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