Wholesale sales off 0.9 per cent in December after November gain: StatsCan

OTTAWA – Statistics Canada says wholesale sales fell 0.9 per cent in December to $49 billion, after rising 0.7 per cent in November.

The agency says the decrease was largely a result of lower sales in the computer and communications equipment and supplies industry, the same industry which drove November’s increase.

In volume terms, wholesale sales were down 0.9 per cent in December.

Five of the seven subsectors were down for the month, with most of the decrease concentrated in the machinery, equipment and supplies subsector, where sales fell 4.1 per cent.

The second-largest decline was in the personal and household goods subsector, with sales down 0.7 per cent.

Wholesale sales were down in six provinces in December, with the majority of the national decrease attributable to declines in Ontario, Quebec and Alberta.