Canada: Wholesale sales increased 1.0% to $61.0 billion in April

"Wholesale sales increased 1.0% to $61.0 billion in April, a seventh consecutive monthly advance," announced the Statistics Canada on Tuesday.

Key highlights:

• Gains were recorded in three of seven subsectors, accounting for 41% of total wholesale sales, and were led by the machinery, equipment and supplies subsector.
• In volume terms, wholesale sales increased 0.7% from March to April.
• Sales in the food, beverage and tobacco subsector rose 1.5% to $11.8 billion, a third consecutive monthly gain.