Canada wholesale trade for September 2021
highlights of the Canada wholesale trade for September 2021:
- Wholesale sales grew 1.0% in September to $71.3 billion, the fifth increase in the past seven months.
- Sales of agricultural supplies (part of the miscellaneous subsector) and machinery, equipment and supplies generated the gain in September.
- Lower sales in the motor vehicle and motor vehicle parts and accessories subsector and the building material and supplies subsector partially offset the increase.
- Overall sales rose in four of seven subsectors, representing nearly 70% of the sector.
- Wholesale sales in the third quarter fell 1.6% to $212.0 billion. This was the first quarterly decline since the second quarter of 2020.
- Wholesale sales increased in seven provinces with Ontario reporting the largest growth in sales, contributing 60% of the monthly increase, followed by Saskatchewan, which accounted for another 22%.
- Wholesale inventories increased 1.4% to $98.6 billion in September. This marks the fifth consecutive month of growth. Six of seven subsectors reported larger inventories; they comprised 89% of inventories for the sector. Inventories grew 3.5% on a quarterly basis.
