Canadian Wholesale Sales MoM Final (Jan) M/M -1.0% vs. Exp. -0.6% (Prev. 2%)

Newsquawk Staff · 12 Mar 2026, 12:50 UTC

What it means

Canadian wholesale sales fell by 1.0% in January, significantly missing the expectation of -0.6% and dropping sharply from the previous month’s growth of 2%. This larger-than-expected decline suggests weakening demand, which could influence the outlook for Canadian economic growth and impact the Bank of Canada's policy stance going forward.

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