Canada March wholesale trade +1.9% vs +1.4% expected

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Prior was +2.0% (revised to +2.4%)Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 1.9% to $89.0 billion in March. Sales increased in five of the seven subsectors, representing 79.6% of total wholesale sales. The largest increase came from the machinery, equipment and supplies subsector. Wholesale sales were 3.3% higher in March than in the same month one year earlier. In volume terms, wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) increased 1.7% in March.Wholesale sales were 1.8% higher in the first quarter of 2026 compared with the first quarter of 2025. This article was written by Giuseppe Dellamotta at investinglive.com.