Monitor CA Wholesale Sales m/m to gauge upcoming consumer spending trends and retail demand shifts.
This serves as a key indicator of consumer purchasing activity; retailers typically increase orders from wholesalers when they anticipate higher consumer sales.
What it Measures
This reflects the change in the overall value of wholesale sales.
Usual Effect
If the 'Actual' figure exceeds the 'Forecast', it is considered beneficial for the currency.
Source & Frequency
Statistics Canada (latest release) - https://www.statcan.gc.ca/en/ • This data is published monthly, approximately 45 days after the end of the reporting month.
How Data is Derived
N/A
Also Known As
Wholesale Trade
Acronym
N/A