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Canada wholesale trade for March -0.1% versus -0.4% expected

Prior month -1.7%Wholesales trade MoM manage -0.1% versus -0.4% expected with declines in four of seven subsectors.Wholesale inventories rose 0.7%, the 4th consecutive monthly increasedinventory to sales ratio increased from 1.52 months in February to 1.54 months in MarchOther details of the report show:The decrease was mainly led by the miscellaneous subsector and the machinery, equipment, and supplies subsector.Despite the decrease, wholesale sales were 6.9% higher than in March 2022 when excl... Read More

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Canada

Wholesale

Trade

March

Versus

Expected

Forex

Posted: May 15 2023, 12:30

Author Name: forexlive

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