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Canada Wholesale Sales MoM

Latest Release

May 24, 2022

Actual

0.2%

Forecast

0.9%

Previous

-0.4%

Wholesale Sales measures the change in the total value of sales at the wholesale level. It is a leading indicator of consumer spending.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
May 24, 2022 (Mar)	08:30	0.2%	0.9%	-0.4%
May 16, 2022 (Mar)	08:30	0.3%	-0.3%	-0.3%
Apr 25, 2022	08:30	-0.3%		-0.4%
Apr 14, 2022 (Feb)	08:30	-0.4%	0.9%	3.0%
Mar 23, 2022	08:30	0.9%		4.2%
Mar 16, 2022 (Jan)	08:30	4.2%	3.9%	1.0%

News

Forex - USD/CAD Slips Lower Despite Weak Canadian Data

Forex - USD/CAD Slips Lower Despite Weak Canadian Data By Investing.com - Jan 22, 2018

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Monday, despite the release of downbeat Canadian data as the U.S. government shutdown continued to dampen demand for...

Forex - USD/CAD Slips Lower After Upbeat Canadian Data

Forex - USD/CAD Slips Lower After Upbeat Canadian Data By Investing.com - Dec 20, 2017

Investing.com - The U.S. dollar slipped lower against its Canadian counterpart on Wednesday, as upbeat Canadian data lent support to the local currency, while progess on the U.S. tax reform front did...

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October

Canadian Wholesale Sales Register Stronger Than Expected Rebound in October By Investing.com - Dec 20, 2017

Investing.com - Canadian wholesale sales rebounded more than forecast in October, bolstering optimism over the Canadian economy, official data showed on Wednesday. In a report, Statistics Canada said...

Analysis

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While the Belarus-Poland border remains an intense standoff, there have been a couple other diplomatic developments that may be exciting risk appetites today. First, Biden and Xi will talk by phone...

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The S&P 500 and NASDAQ gapped higher yesterday and closed strong, helped by robust earnings reports. This, coupled with Taiwan Semiconductor Manufacturing (NYSE:TSM) earnings and Beijing easing...

Wholesale Sales (MoM) Discussion

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All Comments (6)

Sam Schmidt Aug 20, 2014 11:04AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

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Sam Schmidt Aug 20, 2014 10:22AM ET

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Well I guess it's inevitable that there are occasional screw-ups with the data. Guess the only thing we can do is to double-check all figures with different sources (ie., ForexFactory.com)! They had the right forecast over there, which finally solved my "puzzle" of why CAD strengthened. At least Investing.com got the correct print.

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Gustavo Damasio Aug 20, 2014 8:48AM ET

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Why USD/CAD went down if the Actual Data was bearish for CAD?

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Bonaventura Hasta Aug 20, 2014 8:48AM ET

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if I see other data the forecast is 0.4

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Gustavo Damasio Aug 20, 2014 8:48AM ET

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Where did you see other data?

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Milutin Kazic Aug 20, 2014 8:39AM ET

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USD weakens badly... take a peek at XAU

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Jack Sprat Aug 20, 2014 8:32AM ET

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bearish yet usd/cad is going down why.

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Lukasz Mikolajewski Aug 20, 2014 8:32AM ET

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good question i ask to wtf? i make rollover action

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Jack Sprat Aug 20, 2014 8:17AM ET

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up or down

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NOB BINARY CAPITAL Aug 20, 2014 8:17AM ET

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Pple why does the trend differ from the data. i thught negative data means bearish for the CAD now i see its bullish????? some answers

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