MISSISSAUGA, Ontario -

There was modest downward movement in Canadian wholesale prices during September, according to the latest ADESA Canada Used Vehicle Price Index report, which highlighted a mixed bag of economic activity in Canada during the month.

Specifically, ADESA’s data — powered by ALG Canada — indicated that the index dipped 0.1 percentage points month-over-month in September.

ADESA indicated that wholesale prices dipped 0.3 percent month-over-month, following a 1.1-percent sequential gain in August.

“September auction prices have stayed similar to where they were in August, with no segment seeing more than a 4-percent change,” officials indicated.

Breaking it down, the mid-compact segment dropped 0.4 percent, while the midsize segment was off 3.8 percent. Compact SUVs were up 0.8 percent and midsize SUVs climbed 0.4 percent.

Prices for minivans were also up 0.4 percent and full-size pickups were essentially static.

Sharing some overall economic analysis, officials noted: “In the turbulent month of September, consumer confidence increased marginally (by 0.3 points), national gasoline prices dropped by approximately $0.05/liter and the unemployment rate fell 0.2 percentage points to 7.1 percent, the lowest rate since December 2008.”

They added: “In contrast, the Canadian dollar tumbled by more than 7 U.S. cents during the month as a gloomy assessment of the global economy sent commodity prices reeling and currency traders running for the safe haven status of the U.S. dollar.

“The net result was new-vehicle sales for September declined 0.4 percent in comparison to sales a year ago,” officials noted.