Wholesale sales in Canada declined 1.2 percent month-over-month in November of 2019, following an upwardly revised 1.2 percent fall in October and compared with market expectations of a flat reading. Five of the seven subsectors reported lower sales. Sales in the motor vehicle and motor vehicle parts and accessories decreased 3.3 percent, the fourth consecutive monthly decline. Also, miscellaneous sales dropped 4.1 percent, primarily as a result of lower sales in the agricultural supplies (-8.5 percent). In addition, sales of both personal & household goods and building material & supplies went down 1 percent each. On the other hand, machinery, sales rose for equipment and supplies sales (+0.8 percent) and farm products (1.2 percent).

Wholesale Sales in Canada averaged 0.42 percent from 1993 until 2019, reaching an all time high of 6.90 percent in September of 2003 and a record low of -5.30 percent in August of 2003. This page provides - Canada Wholesale Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Canada

Wholesale Sales in Canada is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Sales in Canada to stand at 1.90 in 12 months time. In the long-term, the Canada Wholesale Sales MoM is projected to trend around 2.50 percent in 2021, according to our econometric models.


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Canada Wholesale Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -1.20 6.90 -5.30 1993 - 2019 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-23 12:30 PM Aug -1.2% 1.4% 0.3% 0.3%
2019-11-25 01:30 PM Sep 1% -1.2% 0.4% 0.7%
2019-12-19 01:30 PM Oct -1.1% 0.8% -0.1% 0.8%
2020-01-22 01:30 PM Nov -1.2% -1.2% 0% -0.6%
2020-02-24 01:30 PM Dec -1.2% 0.2%
2020-03-23 12:30 PM Jan
2020-04-23 12:30 PM Feb
2020-05-22 12:30 PM Mar 0.5%


News Stream
Canada Wholesale Sales Unexpectedly Fall for 2nd Month
Wholesale sales in Canada declined 1.2 percent month-over-month in November of 2019, following an upwardly revised 1.2 percent fall in October and compared with market expectations of a flat reading. Five of the seven subsectors reported lower sales. Sales in the motor vehicle and motor vehicle parts and accessories decreased 3.3 percent, the fourth consecutive monthly decline. Also, miscellaneous sales dropped 4.1 percent, primarily as a result of lower sales in the agricultural supplies (-8.5 percent). In addition, sales of both personal & household goods and building material & supplies went down 1 percent each. On the other hand, machinery, sales rose for equipment and supplies sales (+0.8 percent) and farm products (1.2 percent).
2020-01-22
Canada Wholesale Sales Shrink More than Estimated
Wholesale sales in Canada declined 1.1 percent month-over-month in October of 2019, following a downwardly revised 0.8 percent rise in September and compared with market expectations of a 0.1 percent drop. Sales fell in four of the seven subsectors, led by machinery, equipment and supplies (-4.5 percent), namely computer and communications equipment & supplies (-4.3 percent) and construction, forestry, mining and industrial machinery, equipment & supplies (-2.3 percent). Other decreases were seen in the miscellaneous subsector (-3.4 percent); building material and supplies (-0.4 percent) and food, beverage and tobacco (-0.2 percent) subsectors. Meantime, sales in the motor vehicle and motor vehicle parts & accessories subsector remained flat while gains were posted in the farm product (3.1 percent) and in the personal and household goods (0.2 percent) subsectors.
2019-12-19
Canada Wholesale Sales Beat Forecasts
Wholesale sales in Canada jumped 1 percent month-over-month in September of 2019, following a 1.2 percent decline in August and beating market forecasts of a 0.4 percent increase. Sales were up in five of seven subsectors. In dollar terms, the machinery, equipment and supplies, the personal and household goods, and the food, beverage and tobacco subsectors rose 4.4 percent and contributed the most to the increase in September. Other increases were recorded for personal and household goods (1 percent); food, beverages and tobacco (0.6 percent) and building materials/supplies (0.3 percent). In contrast, the motor vehicle and motor vehicle parts and accessories subsector posted the largest decline (-0.8 percent). Considering the third quarter, sales increased 0.8 percent, the fourteenth consecutive quarterly increase, led by the personal and household goods (+3.2 percent) and the miscellaneous (+3.7 percent) subsectors.
2019-11-25
Canada Wholesale Sales Unexpectedly Fall
Wholesale sales in Canada decreased 1.2 percent from a month earlier in August 2019, after a downwardly revised 1.4 percent rise in the previous month and missing market expectations of a 0.3 percent gain. Lower sales were recorded in the machinery, equipment and supplies subsector (-2.6 percent), of which construction, forestry, mining, and industrial machinery, equipment and supplies (-4.3 percent); personal and household goods (-3.4 percent), namely textile, clothing & footwear (-10.7 percent) and pharmaceuticals and pharmacy supplies (-2.2 percent); motor vehicle and motor vehicle parts and accessories (-1.2 percent); food, beverages & tobacco (-0.4 percent) and miscellaneous (-0.7 percent). In contrast, sales rose for building material and supplies (0.8 percent). On a yearly basis, wholesale sales advanced 2.0 percent.
2019-10-23

Canada Wholesale Sales MoM
The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyse market performance.