Canada March Wholesale Sales Year-on-Year

Statistics Canada announced the Canada March Wholesale Sales Year-on-Year on 2025-05-15. The reported figure stands at 5.7%, with the prior figure recorded as 2.2%.

Regarding the Canada March Wholesale Sales Year-on-Year, 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 to wholesale sales includes 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 decrease 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 the purchasing power of potential consumers.

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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