OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says wholesale sales rose for a fourth consecutive month in November, helped by gains in the building materials and supplies, and miscellaneous products subsectors.
The agency says wholesale sales rose 3.5 per cent in November to $75.6 billion despite the impact of flooding and transportation disruptions in sa¹ú¼Ê´«Ã½
The gains came as sales climbed higher in six of the seven subsectors.
Sales of building materials and supplies climbed 7.1 per cent higher in November at $12.3 billion, while miscellaneous wholesaler sales rose 5.0 per cent to $11.3 billion.
Motor vehicle and motor vehicle parts and accessories sales rose 4.5 per cent in November to $11.4 billion.
Statistics sa¹ú¼Ê´«Ã½ estimated that the flooding in sa¹ú¼Ê´«Ã½ in November caused a loss of about $600 million in wholesale sales.
This report by The Canadian Press was first published Jan. 19, 2022.
The Canadian Press