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Canada July wholesale trade most likely rose 1.4%

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Jul 01, 2023

Canada July wholesale trade most likely rose 1.4%

A customer's cart filled with the supplies they're purchasing in response to news about coronavirus disease (COVID-19) at Costco Wholesale on Still Creek Drive in Burnaby, British Columbia, Canada

A customer's cart filled with the supplies they're purchasing in response to news about coronavirus disease (COVID-19) at Costco Wholesale on Still Creek Drive in Burnaby, British Columbia, Canada March 15, 2020. REUTERS/Alec Jacobson/File Photo Acquire Licensing Rights

OTTAWA, Aug 25 (Reuters) - Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle parts and accessories as well as the building material and supplies subsectors, Statistics Canada said in a flash estimate on Friday.

The estimate was calculated based on a weighted response rate of 58.1%. The average weighted response rate for the survey over the previous 12 months has been 77.9%.

Reporting by Ismail Shakil in Ottawa; Editing by Dale Smith

Our Standards: The Thomson Reuters Trust Principles.