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Dec Wholesales Growth Weaker Than Expected, But Q4 +0.8%

CANADA DATA
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  • Wholesales ex-petroleum & grains +0.3% MOM vs advance estimate +0.8%, prior +0.9%.
  • Increase led by household goods and the food and beverage sub-sectors; growth partially offset by motor vehicles and parts.
  • In Q4 wholesale +0.8% led by miscellaneous and the building materials.
  • In 2023 wholesale sales +1.5% as the motor vehicle and parts sub-sector rose +12%.
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  • Wholesales ex-petroleum & grains +0.3% MOM vs advance estimate +0.8%, prior +0.9%.
  • Increase led by household goods and the food and beverage sub-sectors; growth partially offset by motor vehicles and parts.
  • In Q4 wholesale +0.8% led by miscellaneous and the building materials.
  • In 2023 wholesale sales +1.5% as the motor vehicle and parts sub-sector rose +12%.