Wholesale data from Statistics Canada

  • Prior was +0.9% (revised to +1.0%)
  • Sales at $61.4 billion
  • First decline after 8 monthly increases
  • Declines in 5 of 7 subsectors
  • Wholesale inventories +0.6% to $79.6 billion
  • Four of seven subsectors rose

There was a wide berth on what was 'expected' with the Bloomberg survey at -0.5% and Reuters at -0.2%.

Inventories in Canada are flush: