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Feb Wholesale Falls Short Of Expectations

CANADA DATA
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Wholesales ex-petroleum & grains 0% MOM in Feb, falling short of the advance estimate for +0.8% and -1.1% YOY. Sales volumes +0.2%.
  • Inventories -1.1% to CAD127B in Feb, lowest since Dec 2022.
  • Most provinces reported increases in sales, but declines in Saskatchewan offset the growth.
  • In a separate report, Canada manufacturing sales +0.7% MOM, matching the flash estimate, prior +0.2%. Volumes +0.1%.
  • Petroleum and coal led the increase as prices +5.9%.
  • Capacity Utilization up to 78.1% in Feb from 77% in Jan.
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  • Wholesales ex-petroleum & grains 0% MOM in Feb, falling short of the advance estimate for +0.8% and -1.1% YOY. Sales volumes +0.2%.
  • Inventories -1.1% to CAD127B in Feb, lowest since Dec 2022.
  • Most provinces reported increases in sales, but declines in Saskatchewan offset the growth.
  • In a separate report, Canada manufacturing sales +0.7% MOM, matching the flash estimate, prior +0.2%. Volumes +0.1%.
  • Petroleum and coal led the increase as prices +5.9%.
  • Capacity Utilization up to 78.1% in Feb from 77% in Jan.