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.