(Adds details of release, background)
OTTAWA, Jan 20 (Reuters) - The value of Canadian wholesale
trade rose for the first time in five months in November,
climbing 1.8 percent on strength in the motor vehicles and parts
subsector, Statistics Canada said on Wednesday.
The increase - much greater than the 0.5 percent gain
predicted by analysts in a Reuters poll - was the biggest since
the 4.2 percent jump seen in December 2014.
Sales advanced in four of the seven subsectors in November,
representing 65 percent of wholesale trade. In volume terms,
sales grew by 1.6 percent.
The motor vehicle and parts subsector posted a 4.8 percent
gain in November while sales in the miscellaneous subsector rose
4.1 percent to a record high, in part due to a 10.9 percent
advance in the agricultural supplies industry.
Wholesale inventories slipped by 0.2 percent while the
inventory-to-sales ratio dropped to 1.31 from 1.33 in October.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Graphic - wholesale trade http://link.reuters.com/cyr43t
Graphic - Canada economic dashboard http://graphics.thomsonreuters.com/15/sc-canada/index.html
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>