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Wholesale Sales Exceed Flash Estimate In January

CANADA DATA
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Wholesales ex-petroleum & grains +0.1% MOM in January, beating the advance estimate of -0.6%. It followed +0.3% in Dec and leaves sales at -2% YOY.
  • Increase led by machinery and equipment subsector as well as personal and household goods.
  • Sales growth was partially offset by declines in the building materials subsector.
  • Wholesale inventories fell 1.1% to CAD128B in Jan.
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  • Wholesales ex-petroleum & grains +0.1% MOM in January, beating the advance estimate of -0.6%. It followed +0.3% in Dec and leaves sales at -2% YOY.
  • Increase led by machinery and equipment subsector as well as personal and household goods.
  • Sales growth was partially offset by declines in the building materials subsector.
  • Wholesale inventories fell 1.1% to CAD128B in Jan.