Wholesale Trade Inches up in November

One portion of our economy shone slightly better in November, according to figures released Monday by Statistics Canada.

The agency reported that Canadian wholesale trade increased by 0.2% in November from October, led by the miscellaneous sub-sector of agricultural supplies, chemical and allied products, and paper, paper products and disposable plastic products

The nation's number-crunchers also said the overall increase in wholesale trade was slower than October's upwardly revised 1.3% growth. Sales rose in four out of seven sub-sectors representing 48% of wholesale trade. Sales also declined by 0.1% in volume terms.