Wholesale sales in Canada increased 0.3 percent over a month earlier in August 2020, following an upwardly revised 5.2 percent gain in July and matching market expectations. Sales went up in 4 of the 7 subsectors, led by the building material and supplies (+ 7 percent), driven by lumber, millwork, hardware and other building supplies; and the motor vehicle & motor vehicle parts and accessories (+2.5 percent). Meanwhile, sales dropped in the personal & household goods subsector (-3.1 percent) due to declines in the pharmaceutical and pharmacy supplies industry (-6 percent); and food, beverage & tobacco (-2.4 percent), almost entirely due to lower sales in the food industry. Wholesales in August were 1.7 percent above February’s pre-pandemic levels. Year-on-year, sales advanced 3.4 percent. source: Statistics Canada

Wholesale Sales in Canada averaged 0.44 percent from 1993 until 2020, reaching an all time high of 18.80 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 October of 2020.

Wholesale Sales in Canada is expected to be 0.70 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 1.00 in 12 months time. In the long-term, the Canada Wholesale Sales MoM is projected to trend around 1.00 percent in 2021 and 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
0.30 4.30 18.50 -21.50 1993 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 12:30 PM May 5.7% -21.4% 8.5% 10%
2020-08-19 12:30 PM Jun 18.5% 5.8% 10% 9%
2020-09-18 12:30 PM Jul 4.3% 18.8% 3.5% 2.5%
2020-10-19 12:30 PM Aug 0.3% 5.2% 0.3% 0.1%
2020-11-17 01:30 PM Sep 0.3% 0.4%
2020-12-16 01:30 PM Oct


News Stream
Canada Wholesale Sales Rise for 4th Straight Month
Wholesale sales in Canada increased 0.3 percent over a month earlier in August 2020, following an upwardly revised 5.2 percent gain in July and matching market expectations. Sales went up in 4 of the 7 subsectors, led by the building material and supplies (+ 7 percent), driven by lumber, millwork, hardware and other building supplies; and the motor vehicle & motor vehicle parts and accessories (+2.5 percent). Meanwhile, sales dropped in the personal & household goods subsector (-3.1 percent) due to declines in the pharmaceutical and pharmacy supplies industry (-6 percent); and food, beverage & tobacco (-2.4 percent), almost entirely due to lower sales in the food industry. Wholesales in August were 1.7 percent above February’s pre-pandemic levels. Year-on-year, sales advanced 3.4 percent.
2020-10-19
Canada Wholesale Sales Rise More than Expected
Wholesale sales in Canada rose 4.3% over a month earlier in July of 2020, following an upwardly revised record 18.8% jump in June and beating market expectations of a 3.5% growth. Sales were up in 6 of the 7 subsectors, most of them having reached pre-pandemic levels, helped by the further reopening of the economy. Sales rose mostly for motor vehicle, motor vehicle parts & accessories (19.3%), in particular motor vehicles (24%), amid an increase in production due to adjustments made by auto plants to maintain production, including reducing the duration of usual summer shut down in July for maintenance. Other significant increases were recorded in sales of machinery & equipment (4%), personal & household goods (2%) and building materials (2%). The miscellaneous subsector posted a 0.5% decrease. In July, nine provinces recorded higher wholesale trade sales, led by Ontario (5.3%), British Colombia (7.9%), and Quebec (1.6%). Year-on-year, wholesale sales increased 0.7%.
2020-09-18
Canada Wholesale Sales Rise the Most on Record
Wholesale sales in Canada surged 18.5 percent over a month earlier in June of 2020, following an upwardly revised 5.8 percent rise in the prior month and beating market expectations of a 10 percent growth. It was the strongest increase in wholesale sales on record as large parts of the economy reopened. All seven subsectors recorded higher sales for the first time since November 2017, in particular motor vehicle and motor vehicle parts and accessories (114.8 percent), helped by the resumption in the automobile production in most of North America by late May or early June. Also, sales rose notably for personal household goods (17.3 percent); miscellaneous (18.1 percent) and building material and supplies (13.5 percent). In June, every province recorded higher wholesale trade sales, led by Ontario (27.9 percent), Quebec (12 percent) and British Columbia (10 percent). Year-on-year, wholesale sales decreased 2.4 percent.
2020-08-19
Canada Wholesale Sales Rebound in May
Wholesale sales in Canada rose 5.7 percent over a month earlier in May of 2020, following a downwardly revised 21.4 percent plunge in the previous month but below market expectations of a 8.5 percent growth. Six of seven subsectors recorded higher sales, accounting for about 78 percent of total wholesale sales, helped by the gradual lifting of the coronavirus lockdown. Sales rose primarily for building material and supplies (16.1 percent), in particular lumber, millwork, hardware & other building supplies (20.4 percent); and motor vehicle and motor vehicle parts and accessories (33.4 percent). In contrast, only machinery equipment, equipment and supplies posted lower sales (-4.7 percent). In May, seven provinces recorded higher sales, with Ontario (8.5 percent) and Quebec (8.9 percent) posting the largest increases. Year-on-year, wholesale sales fell 17.7 percent.
2020-07-17

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.