Statistics Canada announced the Canada's May wholesale sales year-on-year on 2025-07-14. with the prior figure recorded as 0.1%.
Regarding the Canada's May wholesale sales year-on-year, Actual value > Forecast value = Positive for the Canadian dollar, Measuring 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 that is equally important as wholesale sales includes wholesale inventories, which are a signal for 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, the report provides an early indication of potential consumer 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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