TORONTO -

As used supply remains hard to obtain for many Canadian dealers, it looks like this tight pre-owned environment pushed wholesale prices up slightly one again in July.

The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through July, and shows an average rise of 0.1 percent from June rates.

Price movements were “mixed,” by segment this past month, officials said.

Reversing much of the decline in June, the segment to see the biggest price increase was the full-size pickups. This segment saw a significant 5-percent, or $848, price increase this past month.

Interestingly, national gasoline prices rose by approximately seven cents per litre late in July, before finishing up the month at $1.34 per liter, but the raised rates didn’t seem to negatively affect truck prices this past month.

Up next were the minivans with a 4.4-percent, or $388, increase, also reversing price drops seen in June.

Wrapping up the increases, midsize car prices rose slightly, as well, up by 0.5 percent, or $49.

As for declines, the rates were much smaller. The mid-compact (1.6 percent or $119), compact SUV (1.6 percent or $119), and midsize SUV (1.3 percent or $193) saw modest declines in July.

And ast month, as used-car prices continued to rise, the Canadian economy was feeling some challenges.

According to ALG, consumer confidence slipped 0.9 points to 82.6, “reflecting the cautious optimism of the average Canadian household regarding their financial situation.”

“The unemployment rate rose 0.1 percent to 7.2 percent as the result of losses in public sector jobs,” ALG reported, potentially adding to the drop in consumer confidence.

To track the ADESA Canada Used Vehicle Price Index movement, see the chart below, provided by ALG and ADESA Canada: