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2026-09-15 20:58:09
[Canadian Wholesale Sales Rise 0.3% in July (Initial Figure Revised Upward)] ⑴ Canadian wholesale sales (excluding petroleum and hydrocarbon products) rose 0.3% month-over-month to C$93.1 billion in July, revised upward from an initial estimate of a 0.6% decline. This continues the 2.8% increase seen in June, indicating that the manufacturing sector has shown some resilience to rising energy costs. ⑵ Sales of building materials and supplies rose 3.5% to C$13.8 billion, while sales of food, beverages, and tobacco rose 1.7% to C$16.67 billion. ⑶ Sales of agricultural products fell 1.9% to C$1.8 billion, and sales of personal and household goods fell 1.5% to C$12.8 billion. ⑷ Wholesalers raised prices to support revenue, while sales volume fell 0.6% month-over-month.
