Wholesale sales in Canada declined 1.3 percent month-over-month to CAD 66.5 billion in December of 2020, slightly less than initial estimates of a 1.7 percent drop. Still, it is the first decline in wholesale sales after seven consecutive increases, mainly due to sharply lower sales of motor vehicles and motor vehicle parts and accessories (-4.3 percent); and machinery, equipment and supplies (-3.1 percent). These declines were modestly offset by higher sales in the miscellaneous subsector (2.9 percent). Despite the December fall, sales for the month were still 3 percent higher than levels observed before the COVID-19 pandemic. In 2020, sales in the wholesale sector in Canada decreased for the first time since 2009, shrinking 1 percent to CAD 754 billion as a result of the COVID-19 pandemic. These lower sales offset previous gains made in 2019 (1.5 percent) and 2018 (3.6 percent). source: Statistics Canada

Wholesale Sales in Canada averaged 0.43 percent from 1993 until 2020, 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 February of 2021.

Wholesale Sales in Canada is expected to be 1.10 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 1.50 percent in 2022, according to our econometric models.

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Canada Wholesale Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 0.70 18.50 -21.50 1993 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-21 01:30 PM Wholesale Sales MoM Flash Nov 1% 1%
2021-01-19 01:30 PM Wholesale Sales MoM Final Nov 0.7% 1% 1% 1%
2021-01-22 01:30 PM Wholesale Sales MoM Flash Dec -1.7% 0.7%
2021-02-12 01:30 PM Wholesale Sales MoM Final Dec -1.3% 0.7% -1.5% -1.7%
2021-03-12 12:30 PM Wholesale Sales MoM Jan -1.3%
2021-04-20 12:30 PM Wholesale Sales MoM Feb
2021-05-20 12:30 PM Wholesale Sales MoM Mar
2021-06-18 12:30 PM Wholesale Sales MoM Apr


News Stream
Canada Wholesale Sales Fall Less than Initially Estimated
Wholesale sales in Canada declined 1.3 percent month-over-month to CAD 66.5 billion in December of 2020, slightly less than initial estimates of a 1.7 percent drop. Still, it is the first decline in wholesale sales after seven consecutive increases, mainly due to sharply lower sales of motor vehicles and motor vehicle parts and accessories (-4.3 percent); and machinery, equipment and supplies (-3.1 percent). These declines were modestly offset by higher sales in the miscellaneous subsector (2.9 percent). Despite the December fall, sales for the month were still 3 percent higher than levels observed before the COVID-19 pandemic. In 2020, sales in the wholesale sector in Canada decreased for the first time since 2009, shrinking 1 percent to CAD 754 billion as a result of the COVID-19 pandemic. These lower sales offset previous gains made in 2019 (1.5 percent) and 2018 (3.6 percent).
2021-02-12
Canada Wholesale Sales Shrink the Most since April
Wholesale sales in Canada shrank 1.7 percent month-over-month in December of 2020, preliminary estimates showed. The decrease reflected lower sales in the machinery, equipment and supplies; food, beverage, and tobacco; and miscellaneous subsectors.
2021-01-22
Canada Wholesale Sales Revised Lower
Wholesale sales in Canada increased 0.7 percent month-over-month in November of 2020 to an all-time high of CAD 67.4 billion. It compares with initial estimates of a 1 percent rise. It was led by the machinery, equipment and supplies subsector (2.8 percent) and the building material and supplies subsector (1.1 percent). Notably, the increase reflects higher domestic sales of Canadian goods, as both imports and exports of key commodities fell in November.
2021-01-19
Canada Wholesale Sales Rise 1% in November
Sales in Canada's wholesale sector rose 1 percent from the pervious month in November 2020, a flash estimate showed. The increase reflects widespread growth, particularly in the motor vehicle and motor vehicle parts and accessories, and the building material and supplies subsectors. Preliminary numbers have been calculated based on responses received from 55.2 percent of companies surveyed. The average final response rate for the survey over the past 12 months has been 88.9 percent, Statistics Canada added.
2020-12-21

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.