Wholesalers post sixth straight monthly sales increase: StatsCan
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OTTAWA (CP) - Wholesale sales grew for the sixth consecutive month in August, Statistics Canada says. Sales were up by 0.7 per cent from July in part because of a surge in sales of machinery and electronic equipment.
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The biggest jump in gasoline prices in six months helped push inflation at the wholesale level higher in May although inflation outside of energy remained well-behaved.
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Prices at the wholesale level rose 3.2 percent in November, the biggest increase in 34 years, after a steep increase in wholesale gasoline prices.
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Costco Wholesale Corp. (COST.O: Quote, Profile, Research) reported higher-than-expected quarterly profit and a healthy rise in September sales on Thursday, sending its shares up 2 percent in pre-market trading.
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The pace of existing home sales unexpectedly rose in October to a 6.24 million-unit annual rate as a record drop in prices tempted buyers, the National Association of Realtors said on Tuesday.
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Costco Wholesale Corp. reported a 5  percent increase in November sales at stores open at least a  year.
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SHARES in drug wholesaler Australian Pharmaceutical Industries Ltd rose nearly|15 per cent yesterday after it acquired health, beauty and lifestyle retailer New Price Retail for $112.
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US consumer spending rose by the largest amount for six months in July, Commerce Department figures indicate.
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Businesses saw inventories rise in July as sales picked up, the government reported Wednesday.
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The UK's leading supermarket chain sees sales, excluding petrol, rise by 7.6% over the Christmas holiday period.
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Propelled by sharply higher energy and food costs, wholesale prices soared up by 1.7 percent in October, the largest increase since early 1990.
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Costco Wholesale Corp. reported a 5 percent increase in November sales at stores open at least a year.
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NEW YORK, November 16  - US wholesale prices increased sharply by 1.7% in October this year, after a marginal increase of 0.1% in the previous month.
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The proportion of UK surveyors reporting falling house prices grows for a six consecutive month.
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Ford Motor Co. said on Tuesday  that retail sales of its vehicles rose 6 percent in September,  while sales to commercial fleets rose 4 percent.
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Wholesale prices -- catapulted by more expensive energy and food -- soared last month by the largest amount in more than 14 years.
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EMI sees download music sales rise by nearly 600% in the six months to the end of September and says they are becoming a major part of its business.