Canadian Wholesale Sales MoM Final (Nov) M/M -1.8% vs. Exp. 0.1% (Prev. 0.1%)
Newsquawk Staff ·
Canadian Wholesale Sales MoM Final (Nov) M/M -1.8% vs. Exp. 0.1% (Prev. 0.1%)
What it means
The Canadian wholesale sales for November came in significantly below expectations, declining 1.8% versus an estimated increase of 0.1%. This miss not only breaks the recent trend but may also signal softer economic activity, potentially influencing monetary policy considerations going forward.
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