Canada Wholesale Sales

Wholesale sales in Canada were flat month-over-month at C$82.2 billion in February 2024, compared to a preliminary reading indicating a 0.8% rise and following a revised 0.2% decrease in the prior month. Sales increased in four of the seven subsectors, led by the machinery, equipment and supplies subsector (+1.1%) and the motor vehicle and motor vehicle parts and accessories subsector (+0.8%). On the other hand, declines were recorded for the food, beverage and tobacco subsector (-1.3%) and personal and household goods (-1.4%).