BUSINESS

Wholesale sales up 0.3 per cent in March: StatsCan

05/17/2013 08:55 EDT | Updated 07/17/2013 05:12 EDT
OTTAWA - Statistics Canada says wholesale sales grew 0.3 per cent in March to $49.1 billion, mainly due to higher motor vehicle sales.

The agency says in volume terms, wholesale sales were up 0.1 per cent in March.

In March, four of seven subsectors reported gains, accounting for about two-thirds of wholesale sales.

Sales in the motor vehicle and parts subsector rose 2.0 per cent to $8.5 billion in March, its second consecutive increase.

Wholesale sales rose in Ontario, Saskatchewan and British Columbia.

The gains, though, were offset by drops in the other provinces, including a 3.5 per cent sales decline in Alberta.