Canada October wholesale sales 1.0% vs 0.5% expected

December 13, 2024
-FCHFX

December 13, 2024 at 01:30PM

Prior was +0.5%

Core wholesale sales (ex-petroleum/grain) up 1.0% to C$83.7B

Volume terms: +0.4%

Year-over-year: +1.7%

Highlights:

Motor vehicle sector leads gains: +3.2% to C$14.8B

Building materials: +2.8% to C$12.0B

Agricultural supplies drop: -9.8% to C$3.1B

Inventory Picture:

Total inventories unchanged at C$128.6B

Inventory-to-sales ratio improved to 1.54 from 1.55

Building materials inventories +1.5%

This article was written by Adam Button at www.forexlive.com.

Canada October wholesale sales 1.0% vs 0.5% expected

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