Statistics Canada announced the Canada's wholesale sales month-on-month rate for April on 2025-06-13. The reported figure stands at -2.3%, against a forecast of -0.9%, with the prior figure recorded as 0.20%.
Regarding the Canada's wholesale sales month-on-month rate for April, Actual value > Forecast value = Bullish for CAD, Measuring price changes in wholesale sales, if this indicator is higher than expected, the Canadian dollar should be considered strong/bullish, whereas if the indicator is lower than expected, the Canadian dollar should be seen as weak/bearish. Data equally important to wholesale sales includes wholesale inventories, which signal future business spending. High wholesale inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwillingness to purchase goods. Conversely, a decline in wholesale inventories indicates that retailers are purchasing more goods to meet strong or increasing demand. Because wholesale inventories reflect retailers' demand for manufacturers' goods, this report provides an early indication of potential consumers' purchasing power.
This data holds an importance level of , calculated using Changes in the total value of wholesale sales of goods, published monthly rate data, and updates around the 20th of each month. The next release is set for 2025-07-14 20:30:00.
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