Canada's wholesale sales month-on-month change in March
Statistics Canada announced the Canada's wholesale sales month-on-month change in March on 2025-05-15. The reported figure stands at 0.2%, against a forecast of -0.3%, with the prior figure recorded as 0.30%.
Regarding the Canada's wholesale sales month-on-month change in March, Actual value > Forecast value = Positive for the Canadian dollar, The measure of price changes in wholesale sales; if this indicator is higher than expected, the Canadian dollar should be considered strong/bullish, while if it is lower than expected, the Canadian dollar should be considered weak/bearish. Equally important data compared to wholesale sales include 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 buying 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, release of monthly rate data, and updates Around the 20th of each month.
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