MoM Change in Canada's Wholesale Sales
Canada| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-over-month wholesale sales figure indicates the percentage change in the total sales of the wholesale industry in Canada compared to the previous month. This data, published monthly by Statistics Canada, is crucial for assessing the health of the wholesale sector and the overall economic activity.
An increase in wholesale sales month-over-month signifies economic expansion, with active inventory and sales activities among businesses. Conversely, a decrease in wholesale sales suggests economic stagnation, with declining inventory and sales activities among businesses.
This data serves as a critical reference for policymakers to monitor economic trends and develop appropriate monetary and industrial policies. For example, if wholesale sales are rising, additional measures might be considered to support and sustain economic growth. Conversely, if wholesale sales are declining, there may be a need to strengthen economic stimulus measures. Additionally, this indicator is valuable for businesses and investors, aiding in economic forecasting and investment strategy planning.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
