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July saw a 2.1% decrease in wholesale sales in Canada due to falling lumber prices
Posted on September 29, 2021 |
- The fall in lumber prices drove sales of construction materials and supplies, causing wholesale sales to drop to $70.1 billion, a 2.1% decline.
- The sales of building materials and supplies dropped to 12.4%, personal and household fell 1.6%, and food, beverages, and tobacco sales are down to 0.8%
- Excluding the building material and supplies sector, wholesale sales increased by 0.1%