Manufacturing, wholesale sales up in October: StatCan

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 1% to $83.7 billion in October.

The agency says the move came as sales increased in six of the seven subsectors it tracks.

The largest gains were in the motor vehicle and motor vehicle parts and accessories subsector, which gained 3.2%, and the building material and supplies subsector, which rose 2.8%.

In volume terms, wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4% in October.

In a separate report, Statistics Canada also said total manufacturing sales rose 2.1% to $70.8 billion in October, boosted by a 15.9% gain in sales of petroleum and coal products and a 3.7% increase in transportation equipment.

Manufacturing sales in constant dollars rose 1.4% in October.

The Canadian Press

The Canadian Press is a national news agency headquartered in Toronto and founded in 1917.