Wholesale sales in Canada likely rose 0.9 percent month-over-month in March of 2021, following a 0.7 percent decrease in the previous month, preliminary estimates showed. The increase reflects higher sales in the building materials and supplies, and food, beverage and tobacco subsectors. source: Statistics Canada

Wholesale Sales in Canada averaged 0.44 percent from 1993 until 2021, reaching an all time high of 18.50 percent in June of 2020 and a record low of -21.50 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 May of 2021.

Wholesale Sales in Canada is expected to be 1.00 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 2.00 in 12 months time. In the long-term, the Canada Wholesale Sales MoM is projected to trend around 1.50 percent in 2022, according to our econometric models.

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Canada Wholesale Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -0.70 18.50 -21.50 1993 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-12 01:30 PM Wholesale Sales MoM Jan 4% -1.3% 5% 4.4%
2021-03-22 12:30 PM Wholesale Sales MoM Flash Feb -0.4% 4%
2021-04-16 12:30 PM Wholesale Sales MoM Final Feb -0.7% 4% -0.4% -0.4%
2021-04-23 12:30 PM Wholesale Sales MoM Prel Mar 0.9% -0.7%
2021-05-14 12:30 PM Wholesale Sales MoM Final Mar -0.7% 0.9% 0.9%
2021-06-16 12:30 PM Wholesale Sales MoM Apr
2021-07-16 12:30 PM Wholesale Sales MoM May
2021-08-16 12:30 PM Wholesale Sales MoM Jun


News Stream
Canada Wholesale Sales Rebound in March
Wholesale sales in Canada likely rose 0.9 percent month-over-month in March of 2021, following a 0.7 percent decrease in the previous month, preliminary estimates showed. The increase reflects higher sales in the building materials and supplies, and food, beverage and tobacco subsectors.
2021-04-23
Canada Wholesale Sales Fall More than Initially Estimated
Wholesale sales in Canada fell 0.7 percent month-over-month to CAD 68.8 billion in February of 2021, the second decline in three months and compared to initial estimates of a 0.4 percent drop. Despite the drop, sales in February were the second-highest on record for the sector. In February, sales were lower in four of the seven subsectors, led by the building material and supplies subsector (-6.1 percent), as prices for lumber, in particular, have risen sharply over the past year. Sales also fell for motor vehicles, motor vehicle parts and accessories (-2.5 percent), as motor vehicle manufacturers across North America are dealing with an acute shortage of computer chips used to power computer systems in a wide range of vehicles. Wholesale sales were also lower in the food, beverage and tobacco subsector (-0.9 percent), and the machinery, equipment and supplies subsector (-0.4 percent).
2021-04-16
Canada Wholesale Sales Drop in February
Wholesale sales in Canada fell 0.4 percent month-over-month in February of 2021, following a 4 percent rise in the previous month, preliminary estimates showed. The decline reflects lower sales in the building materials and supplies, and machinery, equipment and supplies subsectors.
2021-03-22
Canada Wholesale Sales Rise Less than Expected
Wholesale sales in Canada rose 4 percent month-over-month to CAD 69.2 billion in January of 2021, following a 1.3 percent fall in the previous month, but slightly less than market estimates of 5 percent. The last time the wholesale trade sector recorded growth that strong, other than the rebound following the COVID-19-induced decline in April 2020, was in December 2014. Sales rose mostly for machinery, equipment and supplies (10.8 percent) and building material and supplies (12.1 percent), as ongoing coronavirus restrictions and government COVID-19 income support bolstered demand for computer equipment, office materials, and lumber for renovations and housing starts.
2021-03-12

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.