May Canadian wholesale inventories +3.5% vs +3.5% expected

  • Canadian May 2023 wholesale inventory data
wholesale sales d
  • Prior was -1.4%
  • Sales of $83.6 billion in May
  • Sales up in 4 of 7 subsectors, led by the machinery, equipment and supplies, the miscellaneous, and the motor vehicle and motor vehicle parts and accessories subsectors
  • Inventories -0.2%

This was the largest monthly increase since Nov 2021

Statistics Canada is currently reporting these data without petroleum products or grains, due to data issues.

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