Canada Wholesale Trade Sees 0.1% Increase in January, Outperforms Forecast

Friday, 15 March 2024, 12:30

The latest data on Canada's wholesale trade for January shows a modest uptick of 0.1%, surpassing the -0.6% expected decline. However, the report is dampened by a significant revision in the December figures, which were revised from +0.3% to -0.3%. Despite the positive performance in January, the overall level remains in line with market expectations.

LivaRava Finance Meta Image — Canada Wholesale Trade Sees 0.1% Increase in January, Outperforms Forecast

Canada Wholesale Trade Data for January

The January wholesale trade data for Canada has shown a slight increase of 0.1%, which is higher than the forecasted -0.6%. The previous month's figure was revised from a positive 0.3% to a negative 0.3%. This revision has overshadowed the current report, keeping the overall level close to the anticipated value.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Canada Wholesale Trade Data for January

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