Wholesale sales in Canada rose 1.6% month-over-month in April 2023, after a 0.1% drop in March, preliminary estimates showed. The increase largely reflected higher sales in petroleum, petroleum products & other hydrocarbons (+8%) and motor vehicles & motor vehicle parts & accessories (+7.1%). By contrast, sales slumped for farm products (-11.9%), miscellaneous goods (-6%), machinery, equipment & supplies (-1.7%), personal & household goods (-1.3%), food, beverage & tobacco products (-1.2%) and building material & supplies (-1%). source: Statistics Canada

Wholesale Sales in Canada averaged 0.47 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 June 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.

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Canada Wholesale Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-05-15 12:30 PM Wholesale Sales MoM Final Mar -0.1% -1.5% -0.4% -0.4%
2023-05-26 12:30 PM Wholesale Sales MoM Prel Apr 1.6% -0.1% -0.4%
2023-06-16 12:30 PM Wholesale Sales MoM Final Apr -0.1% 1.6%


Related Last Previous Unit Reference
Industrial Production Mom 0.07 0.07 percent Mar 2023
Industrial Production 1.08 1.86 percent Mar 2023
Manufacturing Production -1.12 0.40 percent Mar 2023
Capacity Utilization 81.70 82.20 percent Dec 2022
New Orders 69852975.00 72357265.00 CAD THO Mar 2023
Changes in Inventories 12607.00 22290.00 CAD Million Mar 2023
Bankruptcies 255.00 331.00 Companies Apr 2023
Corporate Profits 165862.00 143609.00 CAD Million Mar 2023
Car Registrations 150956.00 109781.00 Units Mar 2023
Leading Economic Index 0.40 -0.10 percent Aug 2021
Manufacturing Sales -0.20 0.70 percent Apr 2023
Wholesale Sales 1.60 -0.10 percent Apr 2023
Mining Production 3.01 2.93 percent Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 -0.10 19.50 -21.70 1993 - 2023 percent Monthly
SA

News Stream
Canada Wholesale Sales Rise in April
Wholesale sales in Canada rose 1.6% month-over-month in April 2023, after a 0.1% drop in March, preliminary estimates showed. The increase largely reflected higher sales in petroleum, petroleum products & other hydrocarbons (+8%) and motor vehicles & motor vehicle parts & accessories (+7.1%). By contrast, sales slumped for farm products (-11.9%), miscellaneous goods (-6%), machinery, equipment & supplies (-1.7%), personal & household goods (-1.3%), food, beverage & tobacco products (-1.2%) and building material & supplies (-1%).
2023-05-26
Canada Wholesale Sales Contraction Revised Lower
Canada Wholesale Sales Contraction Revised Lower Wholesale sales in Canada eased by 0.1% month-over-month to CAD 86.5 billion in March of 2023, less than previous estimates of a 0.4% contraction but extending the 1.7% decline in the previous month. Declines in wholesale sales were observed in four of the seven subsectors, led by miscellaneous goods (-6.1%) amid a sharp drop in sales of agricultural supplies (-15.5%). Wholesale business was also considerably lower for machinery, equipment, and supplies (-2%), due to a decline in sales of computer and communications equipment (-9.2%). On the other hand, expansions took place for building materials and supplies (1.6%) and personal and household goods (1.3%).
2023-05-15
Canada Wholesale Sales Fall in March
Wholesale sales in Canada fell 0.4 percent month-over-month in March 2023, after a 1.7 percent drop in February, preliminary estimates showed. The decrease largely reflected lower sales in miscellaneous goods (-3.7%) and machinery, equipment & supplies (-2.9%). Sales were also down for motor vehicles & motor vehicle parts & accessories (-0.8%). By contrast, sales surged for farm products (+10.2%), building material & supplies (+2%), personal & household goods (+0.3%) and food, beverage & tobacco products (+0.2%).
2023-04-24