Wholesale sales Canada Aug
  • Prior was +0.2% (revised to 0.0%)
  • In volume terms, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) grew 2.2% in August
  • Sales in the machinery, equipment and supplies subsector grew by 5.2%
  • Wholesale inventories rose 0.5% vs +0.4% prior
  • The inventory-to-sales ratio fell from 1.58 in July to 1.55 in August

A port strike in BC was somewhat of a drag in August.