MISSISSAUGA, Ontario -

There was a modest sequential dip in the ADESA Canada Used Vehicle Price Index in March on a seasonally adjusted basis, but officials still noticed a month-over-month uptick in wholesale prices.

More specifically, ADESA’s data — powered by ALG Canada — indicated there was approximately a 4.2-percent month-over-month increase in values.

Breaking it down by segment, officials spotted “mixed” movements. Midsize SUVs, which showed low volume during the month, posted a 23.3-percent hike in pricing, while midsize cars jumped 2.5 percent.

Values for minivans dipped 6.7 percent, and compact SUV prices fell 1.9 percent. Average values for mid-compact cars and full-size pickups showed "virtually no change."

Offering some more overall economic analysis, officials noted: “In concurrence with the weather, the Canadian economy revealed a sunny disposition in March — consumer confidence improved for the third consecutive month gaining 4.3 points to 79.5, the unemployment rate decreased another 0.2 percentage points to 7.2 percent with notable progress in the private sector and national gasoline prices increased by approximately $0.03 per liter to end the month at $1.31 per liter.”