Statistics Canada says wholesale sales rose at the fastest pace in almost a year in April, driven by increasing demand for agricultural supplies.
The agency says wholesale sales rose 1.5 per cent in April to $49.3 billion, mainly due to a 48.5 per cent increase in sales of agricultural supplies. Excluding that industry, overall sales were unchanged from March.
Wholesales sales are sales of goods and services between businesses and institutions, before they've reached the retail or consumer level. They are considered a leading indicator of consumer demand down the line.
Next to agriculture, the second biggest advance was a 1.1 per cent rise in the machinery, equipment and supplies subsector, which partly offset a March decline.
Sales in the building material and supplies subsector rose 0.5 per cent and the motor vehicle and parts subsector gained 0.2 per cent.
The largest sales decrease in dollar terms came in the personal and household goods subsector, which dropped 2.2 per cent on lower sales in the pharmaceuticals and pharmacy supplies industry.
In April, seven provinces recorded growth in wholesale sales, including the four western provinces.
With files from CBC NewsCanada April Wholesale Sales Up 1.5%, Most Since May 2011 - NASDAQ
By Nirmala Menon
OTTAWA--Canada's April wholesale sales trounced expectations to grow at the fastest monthly rate in nearly a year as soaring exports of fertilizers helped drive the largest gain in sales of agricultural supplies since May 2008.
Wholesale sales grew 1.5% - the most since May 2011 - to 49.35 billion Canadian dollars (US$48.19 billion), Statistics Canada said Tuesday. The consensus call was for a tepid 0.2% increase, according to a report from Royal Bank of Canada. March's gain was revised down to 0.3% from 0.4%.
The figures are seasonally adjusted.
Sales volume in April rose 1.3%, the most since July 2011, suggesting that wholesale trade will be a key contributor to monthly gross domestic product figures due at the end of the month.
Wholesalers in the agricultural supplies industry reported a 48.5% jump in sales, which coincided with a 51.8% surge in exports of fertilizers and fertilizer materials. As a result sales in the miscellaneous sector, which includes agricultural supplies, were up 12.8%.
Excluding agricultural supplies, overall wholesale sales were unchanged, StatsCan said.
Wholesalers of machinery, equipment and supplies reported a 1.1% increase, while sales in the building materials and supplies sector were up 0.5%. Wholesalers of motor vehicles and parts posted a 0.2% rise, the third consecutive gain.
The four sectors that posted gains accounted for some two-thirds of total wholesale sales.
The largest decline was in the personal and household goods sector which saw a 2.2% drop, dragged by lower sales in the pharmaceuticals and pharmacy supplies industry.
Wholesale inventories climbed 0.3% to C$59.82 billion, with increases in 13 of the 25 industries. The inventory-to- sales ratio declined dropped to 1.21:1 from 1.23:1.
Seven provinces posted higher sales, with Alberta and Saskatchewan contributing the most to the national gain. Sales in Alberta were up 4.6%, the largest increase since 2004, thanks to gains in several industries, including metal service centers and agricultural supplies.
In Saskatchewan, where agricultural supplies account for over one-third of the total, sales were up 6.7%.
Wholesale sales in Ontario rose 0.4%, the third straight gain, while sales in Quebec were up 1.0%.
Write to Nirmala Menon at nirmala.menon@dowjones.com
(END) Dow Jones Newswires 06-19-120849ET Copyright (c) 2012 Dow Jones & Company, Inc.
London getting more competitive for leased-line fibre, says Ofcom - zdnet.co.uk
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Leased lines offer high-end fibre connectivity as a retail product for business customers, and also as a wholesale product for smaller telcos that resell fixed and mobile broadband services. In the telecoms regulator's latest Business Connectivity Market ...Code Black Herbal Incense Wholesale Announces Profitable New Wholesale Program - YAHOO!
Designed to allow thousands of businesses to profit by selling their world-renowned herbal incense products, Code Black today announces the launch of their exciting new herbal incense wholesale program.
Tustin, CA (PRWEB) June 19, 2012
Following an in-depth period of research and development, Code Black Herbal Incense Wholesale today announces the launch of their new wholesale program.Designed with their wholesale members’ profits in mind, the program will allow businesses to purchase Code Black’s highly-acclaimed herbal incense products at bargain bulk prices; products are then eligible for re-sale with healthy margins.
“We have designed our program to offer the lowest wholesale prices in the industry, while offering the highest possible quality” says a spokesman for the company.
He continues, “Every product in our online store is available for wholesale purchase. When you consider that each container retails for roughly 3-times the cost of its wholesale price, this is an attractive opportunity for any business looking to add real value to their customers and to their bottom line.”
Herbal incense wholesale members are eligible for a myriad of discounts. Dependant on the size of the order, high-volume partners can purchase each container for as little as $1.95, with an opportunity to resell at an MSRP of $9.95.
“We have also designed a number of very special discounts for those looking to purchase aggressively. For example, we are currently offering 25% off an order of $4000 or more and 33% off orders with a minimum value of $15,000. You can’t beat this anywhere else in the industry” the company adds.
Each Code Black wholesale member is also entitled to the luxury of free 24/7 on-going customer support.
The herbal incense industry is currently experiencing rapid growth as more and more customers opt to enjoy the aromatic pleasures and potency that burning herbal incense affords. Code Black is dominating this boom due to the quality, aromatic potency and refined freshness that comes with each container they ship.
All herbal incense products sold by the company are 100% compliant with all state/federal laws of 2011-2012, DEA Controlled Substance ACT (CSA) scheduled provisions and Lab Approved and Certified according to the latest bill H.R.1254.
Businesses looking to benefit from Code Black’s wholesale herbal incense program can sign up online. After completing the short wholesale application form, a representative will make contact within 24 hours to verify applicants’ information, and to see if the applicant qualifies for a wholesale account.
Following acceptance confirmation, members will be given exclusive access to Code Black’s dedicated member-only wholesale website. The intuitive interface will allow members to control all aspects of their operation from the viewing of current prices to easy online ordering and tracking.
“We are shipping more and more of our great products each month. The market is demanding larger supplies and we are delighted to now offer existing businesses a chance to take advantage of this demand; profiting from selling the highest rated herbal incense currently available, anywhere” Code Black concludes.
For more information, please visit: http://www.codeblackincense.com/herbal-incense-wholesale_a/255.htm
Or register a wholesale account directly at: https://www.codeblackwholesale.com/register.asp
*Legal Disclaimer:
As a business, you agree to re-sell the products purchased from our wholesale site in a responsible way. More specifically, you agree to sell these products only to individuals who present photo ID showing them to be over the age of 18 (or 19 if that is the law in your state). You furthermore agree not to sell these products in any municipality, county, or state where it may be against the law to do so.
******
About Code Black Wholesale Herbal Incense:
Code Black Wholesale Herbal Incense is committed to providing the finest quality spice incense at the absolute lowest prices. The Code Black spice incense continually strives to elevate your level of aromatic experience by working with a creative and skilled team, who use the highest quality raw materials to produce the very best legal herbs.
The company also operates a keen network of dedicated affiliates, as well as a generous rewards program for their customers.
Code Black
Code Black Incense
(949) 444-2633
Email Information
Canada April Wholesale Trade Report (Text) - Bloomberg
The following is the text of Canada’s wholesale trade report for April from Statistics Canada.
Wholesale sales rose 1.5% in April to $49.3 billion. This increase was mainly due to higher sales in the agricultural supplies industry. Excluding this industry, wholesale sales were unchanged.
In volume terms, wholesale sales were up 1.3% in April.
Agricultural supplies sales rise
An increase in sales was reported in four of the seven subsectors, accounting for roughly two-thirds of total wholesale sales.
The overall increase was almost entirely attributable to a 12.8% rise in the miscellaneous subsector. This subsector was stimulated by a 48.5% increase in sales in the agricultural supplies industry. The rise coincided with a strong increase in exports of fertilizers and fertilizer materials, which were up 51.8% in April over March.
The second biggest advance was posted in the machinery, equipment and supplies subsector (+1.1%), which partly offset the decline in March.
The building material and supplies subsector (+0.5%) and the motor vehicle and parts subsector (+0.2%) posted gains for a third straight month.
The largest sales decrease in dollars occurred in the personal and household goods subsector. Sales fell 2.2%, largely reflecting lower sales in the pharmaceuticals and pharmacy supplies industry.
Sales increases concentrated in the West
In April, seven provinces recorded growth in wholesale sales, including the four western provinces.
Wholesalers in Alberta contributed the most to the national growth, followed by wholesalers in Saskatchewan.
In Alberta, sales were up 4.6%, the highest growth rate since 2004. Increases were observed in several industries, including the metal service centres industry and the agricultural supplies industry.
The 6.7% increase in Saskatchewan was primarily due to the agricultural supplies industry, which represents just over one- third of the province’s sales. This industry’s contribution to the provincial increase was moderated by decreases in other industries.
Ontario posted 0.4% growth in wholesale sales in April, a third consecutive increase. In Quebec, sales rose 1.0%.
Inventories continue to rise
Inventories increased 0.3% in April to $59.8 billion. Inventories were up in 13 of the 25 industries.
Wholesalers in the electrical, plumbing, heating and air- conditioning equipment and supplies industry (+10.9%) and in the motor vehicle industry (+8.4%) recorded the largest inventory increases in dollar terms.
The inventory-to-sales ratio fell from 1.23 in March to 1.21 in April.
The inventory-to-sales ratio is a measure of the time in months required to exhaust inventories if sales were to remain at their current level.
Note to readers
All the data in this release are seasonally adjusted and in current dollars, unless otherwise noted.
Wholesale sales expressed in volume are calculated by deflating current dollar values using import and industry product price indexes. Since many of the goods sold by wholesalers are imported, fluctuations in the value of the Canadian dollar can have an important influence on the prices of goods bought and sold by wholesalers.
The wholesale sales series in chained (2002) dollars is a chained Fisher volume index with 2002 as the reference year.
To contact the reporter on this story: Ilan Kolet in Ottawa at ikolet@bloomberg.net
To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net
UPDATE 1-Fertilizer grows Canada wholesale trade in April - Reuters
* Wholesale +1.5 pct from March
* Median forecast was for +0.2 pct, high f'cast was +0.8 pct
* Increase due to agricultural supplies, mainly fertilizer
* Volume rises 1.3 pct
OTTAWA, June 19 (Reuters) - A spurt in fertilizer exports helped spur an unexpected 1.5 percent increase in Canadian wholesale trade in April from March, according to Statistics Canada data on Tuesday which will improve the outlook for second quarter economic growth.
The gain exceeded even the highest forecast, of 0.8 percent, in a Reuters survey of economists. The median forecast was 0.2 percent, after the originally reported sales increase of 0.4 percent for March, now revised to 0.3 percent.
Statscan put the rise entirely down to a 48.5 percent boost in farm supplies sales; excluding that, sales did not change. It said exports of fertilizers and fertilizer materials jumped 51.8 percent in April after several soft months, and domestic sales were also strong because of an early spring and a high level of expected acreage to be planted. The figures are seasonally adjusted.
In volume terms, wholesale trade rose 1.3 percent. This is important in calculating real growth in gross domestic product. April factory sales data reported on Friday had put a damper on second quarter GDP expectations with a surprise 0.8 percent decline, though some of the fall was due to temporary factors.
Inventories rose 0.3 percent in April, while the ratio of inventory to sales fell to 1.21 from 1.23 in March. The ratio measures the time in months required to exhaust inventories at current sales levels.
Good Sharing About Wholesale China Cell Phones - Salon
Nowadays cell phones are highly in demand because these are used for communication. Due to high technology, cell phones have transformed its uses and functions. With these cell phones, we tend to experience great things not only for communication but even for entertainment.
Knowing that China have grown to be so competitive with their experiment in electronics so it’s the main reason why they are highly in demand nowadays in producing cell phones. China cell phones are considered to be one of the fast growing industries nowadays.
If you are planning to begin an ecommerce business and you’re pondering how the wholesale china operates? If so, you are in the good site. It is very significantly fantastic if you are sourcing wholesale China which is a low cost solution in starting an internet business which is certainly profitable without bank breaking. But the first question that definitely comes to the mind is that if you could obtain branded items in wholesale China. Obviously, the answer is no. So that you can know isn’t it an option for a reseller like you if you buy directly branded items from wholesale China.Here are some factors behind to acquire an idea precisely why it isn’t probable in such cases. First, the brand’s exert may possibly handle the product sales of their items from their manufacturer to their wholesale cell phones sales shop. Second, the brand’s exercise controls the supply chains of the item. You may additionally find out that there are instances it can be feasible to look for a distinctive models which is available in many countries nevertheless the things is that it can’t be profitable structure in Western countries even though it has decreased taxes in one product that is definitely more affordable at retail price China.
Is it possible to obtain benefits from purchasing non-branded products in wholesale China? Well it could be pointless to make an attempt to source goods with brand from the manufacturers of wholesale China and you could be frustrated about it. Actually, there are few features you can usually get form obtaining non-branded items from wholesale China. You could be at liberty in offering items under your name if you purchase items with no brands like for example you have the options of obtaining custom labeling and packaging with your name when you precisely obtain it from China. It’s also possible to get the top quality items at a very low price tag when you buy it from a reputable source in China. So for you to get the merchandise at a cheap rate, purchase them from the China wholesale.
Party time for over 50s at Broad Street Mall - Reading Evening Post
Party time for over 50s at Broad Street Mall
June 19, 2012
A shopping centre will be giving free tea and cake to over 50s when it holds a party next month.
The Broad Street Mall is holding a tea party for this special age group on Friday, July 6, after the success of a children’s tea party it held to mark the Queen’s Diamond Jubilee.
The event will be sponsored by Boswell’s Cafe and it will be giving free tea and cake to some lucky party-goers.
It will also involve live music from Slim Pickins, featuring getreading’s own Silver Surfer.
Broad Street Mall manager Steve Fawke said: “I’m really looking forward to it. If it goes well we’re hoping to make it a regular thing.
“We do a lot aimed at children and young people, but it’s nice to be able to do something for adults as well.
“It all started after we held a kids’ tea party as part of the jubilee celebrations – we decided it would be great to do one for the over 50s.”
Some of the attractions at the event, which will run from 3pm to 5pm, are still being planned and Mr Fawke said he would like to offer free tea and cake to the first 50 party-goers to arrive.
While at the party you can take part in a raffle courtesy of getreading for two tickets to Ascot racecourse on Friday, July 27, to celebrate the launch of the event.
The winner will be drawn on the day of the tea party.
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