Home / Breaking News / Canada’s Wholesale Sales Expand in June

Canada’s Wholesale Sales Expand in June

Wholesale sales in Canada increased on a monthly basis during June, beating market expectations and restoring its level prior to the COVID-19 crisis.

Seasonally adjusted data showed on Wednesday that Canadian wholesale sales grew by 18.5% in June, according to Statistics Canada.

On an annual basis, wholesale transactions decreased by 2.4% during the month of June.

Check Also

Oil Markets Eying Weekly Gains Following PMI Data

Crude Oil prices rebounded after a volatile Friday, driven by a surge in the US …