Wholesale sales in Canada decreased by 1.0% in January

Note: This section contains information in English only.
Source: Forexpros
Canada's wholesale sales decreased in January after soaring in the preceding month, reported Statistics Canada. The wholesale sales posted a 1.0% decline in January while experts expected a 0.4% increase. The major sector contributing to a fall was motor vehicles and car parts industry. On an annual basis, the wholesale sales advanced by 4.0% in January, following a 6.7% gain in December.


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