BUSINESS

Wholesale sales fell 1.4 per cent in September, third drop in four months

11/20/2012 08:53 EST | Updated 01/20/2013 05:12 EST
OTTAWA - Statistics Canada says wholesale sales fell 1.4 per cent to $48.8 billion in September, the third decline in four months amid lower sales in every subsector.

The agency says sales in the motor vehicle and parts subsector dropped four per cent in what was a third straight monthly decline.

The second largest decline came in personal and household goods, where sales fell two per cent.

Sales in the machinery, equipment and supplies subsector decreased one per cent, the second decline in three months.

Wholesale sales were off in nine provinces, with the decrease concentrated in Ontario and Quebec, which have been on a downward trend since mid-2012.

Sales in Ontario fell 1.6 per cent in September partly because of declines in the motor vehicle industry, while Quebec sales dropped 1.7 per cent after rising slightly in August.