Wholesale sales in Canada fell 1.6 percent month-over-month in February 2023, after a 2.4 percent advance in January, preliminary estimates showed. The decrease largely reflected lower sales in the motor vehicles & motor vehicle parts & accessories (-5.6%) and food, beverage & tobacco products (-3.9%). Sales were also down for building material & supplies (-2.9%) and personal & household goods (-0.6%). By contrast, sales surged for farm products (+2.7%), miscellaneous goods (+1.4%) and machinery, equipment & supplies (+0.8%). source: Statistics Canada

Wholesale Sales in Canada averaged 0.46 percent from 1993 until 2023, reaching an all time high of 19.50 percent in June of 2020 and a record low of -21.70 percent in April of 2020. This page provides - Canada Wholesale Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Wholesale Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Wholesale Sales in Canada is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Wholesale Sales MoM is projected to trend around 1.00 percent in 2024, according to our econometric models.

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Canada Wholesale Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-03-16 12:30 PM Wholesale Sales MoM Final Jan 2.4% -0.7% 3% 3.0%
2023-03-24 12:30 PM Wholesale Sales MoM Prel Feb -1.6% 2.4% -0.5%
2023-04-17 12:30 PM Wholesale Sales MoM Final Feb 2.4% -1.6%


Related Last Previous Unit Reference
Industrial Production Mom -0.99 0.10 percent Dec 2022
Industrial Production -0.30 2.59 percent Dec 2022
Manufacturing Production 1.03 1.48 percent Dec 2022
Capacity Utilization 81.70 82.20 percent Dec 2022
New Orders 75055778.00 69605123.00 CAD THO Jan 2023
Changes in Inventories 22290.00 52072.00 CAD Million Dec 2022
Bankruptcies 263.00 254.00 Companies Jan 2023
Corporate Profits 143609.00 133810.00 CAD Million Dec 2022
Car Registrations 104250.00 109265.00 Units Jan 2023
Leading Economic Index 0.40 -0.10 percent Aug 2021
Manufacturing Sales -2.80 4.10 percent Feb 2023
Wholesale Sales -1.60 2.40 percent Feb 2023
Mining Production -0.32 4.62 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 2.40 19.50 -21.70 1993 - 2023 percent Monthly
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News Stream
Canada Wholesale Sales Fall in February
Wholesale sales in Canada fell 1.6 percent month-over-month in February 2023, after a 2.4 percent advance in January, preliminary estimates showed. The decrease largely reflected lower sales in the motor vehicles & motor vehicle parts & accessories (-5.6%) and food, beverage & tobacco products (-3.9%). Sales were also down for building material & supplies (-2.9%) and personal & household goods (-0.6%). By contrast, sales surged for farm products (+2.7%), miscellaneous goods (+1.4%) and machinery, equipment & supplies (+0.8%).
2023-03-24
Canada Wholesale Sales Revised Lower
Wholesale sales in Canada rose by 2.4 percent month-over-month to C$ 84.2 billion in January of 2023, compared with a preliminary estimate of a 3 percent gain, following a downwardly revised 0.7 percent drop in December. The increase mainly reflected higher sales in the machinery, equipment and supplies (+3.2%) and food, beverage, & tobacco products (+3.6%). The only decreasing subsector in January was motor vehicles & motor vehicle parts & accessories (-2.4%). Sales in British Columbia, Alberta and Nova Scotia led the monthly rise.
2023-03-16
Canada Wholesale Sales Revised in December
Wholesale sales in Canada fell by 0.8 percent month-over-month to C$ 82.2 billion in December of 2022, compared with a preliminary estimate of a 1.8 percent contraction, following a revised 0.7 percent drop in November. It was the second consecutive monthly decline, led by lower sales in the machinery, equipment & supplies subsector (-3.1 percent) and the miscellaneous goods subsector (-1.7 percent). British Columbia reported the most significant decline, followed by Manitoba and Alberta.
2023-02-15