MRO Magazine

Wholesale margins decline for machinery and equipment in Q4 2011

Ottawa, ON -- The Wholesale Services Price Index (WSPI) declined 0.8% in the fourth quarter of 2011, marking the first quarter-over-quarter decline of the WSPI since the first quarter of 2011.


Ottawa, ON — The Wholesale Services Price Index (WSPI) declined 0.8% in the fourth quarter of 2011, marking the first quarter-over-quarter decline of the WSPI since the first quarter of 2011.

Wholesalers of petroleum products (-13.9%) posted the largest margin decline in the fourth quarter. Margins also declined for wholesalers of motor vehicles and parts (-1.9%), food, beverage and tobacco products (-0.7%) and machinery, equipment and supplies (-0.5%).

Wholesalers of farm products (+2.0%) posted the largest quarterly margin increase, followed by building materials and supplies (+1.7%), miscellaneous products (+0.7%) and personal and household goods (+0.3%).

Compared with the same quarter in 2010, the WSPI advanced 0.1% in the fourth quarter. Farm products (+14.0%) continued to report the largest year-over-year margin increase, coinciding with a 12.0% rise in the Farm Product Price Index between the fourth quarter of 2010 and the fourth quarter of 2011.

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Year over year, margin increases were also recorded by wholesalers of miscellaneous products (+7.0%) and personal and household goods (+0.9%).

In the fourth quarter, wholesalers of petroleum products (-7.7%) posted their fourth consecutive quarter of year-over-year margin declines.

Year-over-year margin decreases were also recorded by wholesalers of motor vehicles and parts (-1.5%), machinery, equipment and supplies (-1.4%), building material and supplies (-1.3%) and food, beverage and tobacco products (-1.1%).