Wholesale sales excluding petroleum products and oilseeds and grains down in June

OTTAWA –

Statistics Canada says wholesale gross sales, excluding petroleum, petroleum merchandise and different hydrocarbons and excluding oilseed and grains, fell 2.8 per cent to $80.5 billion in June.

The company says a drop within the miscellaneous subsector led the decline in June because it fell 7.3 per cent to $10.3 billion, weighed down by a 19.4 per cent drop within the agricultural merchandise business group to $3.3 billion.

The equipment, tools and provides subsector fell 4.2 per cent to $17.8 billion.

Meanwhile, the motorized vehicle, elements and equipment subsector dropped 3.1 per cent to $13.2 billion because the motor automobiles business group fell 4.3 per cent to $10.6 billion.

In fixed {dollars}, gross sales, excluding petroleum, petroleum merchandise, and different hydrocarbons and excluding oilseed and grains, fell 3.7 per cent in June.

Statistics Canada started together with the oilseed and grain business group in addition to the petroleum and petroleum merchandise subsector as a part of wholesale commerce earlier this yr, however is excluding the info from its month-to-month evaluation till historic information can be found for correct month-to-month and annual evaluation.

This report by The Canadian Press was first printed Aug. 16, 2023.