Wholesale Sales in Canada increased to 0.30 percent in August from -2.10 percent in July of 2021. source: Statistics Canada

Wholesale Sales in Canada averaged 0.44 percent from 1993 until 2021, reaching an all time high of 19.30 percent in June of 2020 and a record low of -22 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 October 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. 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

Calendar GMT Actual Previous Consensus TEForecast
2021-08-25 12:30 PM Wholesale Sales MoM Prel Jul -2% -0.8% -0.2%
2021-09-16 12:30 PM Wholesale Sales MoM Final Jul -2.1% -0.8% -2% -2%
2021-09-23 12:30 PM Wholesale Sales MoM Prel 0.5% -2.1%
2021-10-15 12:30 PM Wholesale Sales MoM Final Aug 0.3% -2.1% 0.5% 0.5%
2021-10-25 12:30 PM Wholesale Sales MoM Prel Sep
2021-11-15 01:30 PM Wholesale Sales MoM Final Sep
2021-11-22 12:30 PM Wholesale Sales MoM Prel Oct
2021-12-16 01:30 PM Wholesale Sales MoM Final Oct

News Stream
Canada Wholesale Sales Grow for 1st Time in 3 Months
Wholesale sales in Canada edged up 0.3 percent over a month earlier to CAD 70.3 billion in August of 2021, slightly worsen than initial estimates of a 0.5 percent increase. Still, it was the first month of rising wholesale sales after two consecutive falls. The marginal increase in sales hides a noticeable movement among the sectors. Together the sales of food, beverage & tobacco; building materials & supplies; and miscellaneous products jumped 2.9%, while the combined sales for the other sectors dropped 2.1%. Year-on-year, wholesales sales rose 7.3 percent.
Canada Wholesale Sales Fall for 2nd Month
Wholesale sales in Canada plunged 2.1 percent over a month earlier to CAD 70.1 billion in July of 2021, slightly more than initial estimates of a 2 percent drop. It was the largest fall in over sixteen months mainly explained by a 12.4 percent drop in sales of building materials & supplies due to lower lumber prices. Excluding the building material and supplies subsector, wholesale sales edged up 0.1%. Year-on-year, wholesales sales rose 8.0 percent.
Canada Wholesale Sales Likely Plunged 2% in July
Wholesale sales in Canada likely fell 2% mom in July of 2021, a second consecutive decline, reflecting lower sales in the building material and supplies subsector, preliminary estimates showed.
Canada Wholesale Sales Fall Less than Expected
Wholesale sales in Canada inched down 0.8 percent over a month to CAD 71.5 billion in June of 2021, ending three consecutive monthly increases and compared with market expectations of a 1.8 percent decline. Sales fell in 3 of 7 subsectors representing 56% of the sector, reflecting sharp declines in the building material and supplies (-5.4 percent) and the machinery, equipment and supplies (-3.5 percent) subsectors, as well as for food, beverages & tobacco (-1.2 percent). Most of the drop was offset by gains in the personal and household goods (4.3 percent), and motor vehicles and motor vehicle parts and accessories (3.1 percent) subsectors. Year-on-year, wholesale sales advanced 14.7 percent.

Canada Last Unit Reference Previous Highest Lowest
Industrial Production Mom -1.10 percent Jul/21 1.90 5.90 -14.90
Industrial Production 4.60 percent Jul/21 8.89 16.71 -20.40
Manufacturing Production 2.30 percent Jul/21 8.20 34.20 -29.00
Capacity Utilization 82.00 percent Jun/21 81.40 87.30 71.90
New Orders 60575256.00 CAD THO Aug/21 60116882.00 63463425.00 14816411.00
Changes in Inventories 8308.00 CAD Million Jun/21 -5791.00 29175.00 -37149.00
Bankruptcies 137.00 Companies Aug/21 124.00 872.00 108.00
Corporate Profits 105545.00 CAD Million Jun/21 100719.00 109413.00 -758.00
Car Registrations 149778.00 Units Aug/21 156049.00 220436.00 19807.00
Leading Economic Index -0.10 percent Jul/21 0.60 6.10 -11.20
Manufacturing Sales 0.50 percent Aug/21 -1.20 21.70 -27.50
Wholesale Sales 0.30 percent Aug/21 -2.10 19.30 -22.00
Mining Production 13.20 percent Jul/21 15.90 24.92 -18.40

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.