Canada March wholesale sales up 1.9% mth/mth
(Il Sole 24 Ore Radiocor) - Milano, 14 mag - In March, Canadian wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 1.9% month on month to 89.0 billion local dollars, according to Statistics Canada.
Sales increased in five of the seven subsectors, representing 79.6% of total wholesale sales.
Wholesale sales were 3.3% higher in March than in the same month one year earlier.
In volume terms, wholesale sales increased 1.7% month on month in March.
Wholesale inventories rose 0.3% month on month to 137.2 billion dollars in March.
The inventory-to-sales ratio decreased from 1.57 in February to 1.54 in March. This ratio measures the number of months required to exhaust inventories if sales remain at their.
current levels.
(RADIOCOR) 14-05-26 16:51:15 (0595) 5 NNNN