Statistics Canada announced the Canada's April wholesale sales year-on-year rate on 2025-06-13. The reported figure stands at 0.1%, with the prior figure recorded as 5.7%.
Regarding the Canada's April wholesale sales year-on-year rate, Actual value > Forecast value = Bullish for the Canadian Dollar, Measuring the price changes in wholesale sales, if the indicator is higher than expected, the Canadian dollar should be considered strong/bullish, while if the indicator is lower than expected, the Canadian dollar should be considered weak/bearish. Data equally important as wholesale sales includes wholesale inventory, which is a signal for future business spending. High wholesale inventory indicates that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwillingness to purchase goods. Conversely, a decline in wholesale inventory indicates that retailers are buying more goods to meet strong or increasing demand. Because wholesale inventory reflects retailers' demand for manufacturers' goods, the 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, published monthly rate data, and updates Around the 20th of each month.
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