Friday, January 22, 2010

Wholesale sales in Canada rose by 2.5% in November

Wholesale sales of goods to Canada grew in November at 2.5% to $ 42.4 billion when the market assumed a much lower rate of growth rate in the region of 0,4% -0,5%.

Sales have risen for the fifth time in the past six months. During this period, wholesale trade in Canada has restored approximately 1 / 3 the volume of sales that have been lost since the peak of sales in July 2008.

The main source of growth rate in November began selling in the automotive sector. In addition, strong growth seen in the grocery sector, which includes food, beverages and tobacco products.

Note that the wholesale sales in the automotive sector increased during the reporting period by 7,8% to $ 7.3 billion

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