Home / Market Update / Canadian Wholesale Sales Rise in September

Canadian Wholesale Sales Rise in September

Wholesale sales in Canada increased by 0.9% to $66.2 billion in September, data by Statistics Canada showed on Tuesday.

Sales of food, beverage, and tobacco grew by 3.6% to $12.4 billion, with the food industry sales increasing by 4.2%.

This is the best reading for the food, beverage, and tobacco subsector and the food industry since March.

In volume terms, wholesale sales declined by 0.2%.

Check Also

Oil Surge and Weak U.S. Jobs Data Push Canadian Dollar Higher

The Canadian Dollar strengthened against the U.S. Dollar on Friday as disappointing U.S. employment data …