Inventories and wholesale sales · Canada

Canada Wholesale Sales MoM Final

The Canada Wholesale Sales MoM Final measures the stock of unsold goods held by businesses in Canada, or the sales of wholesalers.

Importance
Medium
Released
Monthly
Next release
Currency
CAD · Canadian dollar
Central bank
The Bank of Canada

Latest figures

The latest release for AUG, published on 15 October 2026, came in at -1.6%, below the consensus of -1.5%, down from 0.3% the time before.

Over the last 12 releases it ranged from -1.8% to 2.8%, averaging 0.5%; it has been falling for three releases in a row.

Nov 2025: 0.6%Dec 2025: 0.1%Jan 2026: -1.8%Feb 2026: 2%Mar 2026: -1%Apr 2026: 2%May 2026: 1.9%Jun 2026: 0.6%Jul 2026: 0%Aug 2026: 2.8%Sep 2026: 0.3%Oct 2026: -1.6% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
15 Oct 2026AUG-1.6%-1.5%0.3%
15 Sep 2026JUL0.3%-0.5%2.8%
14 Aug 2026JUN2.8%2.7%0%
15 Jul 2026MAY0%-0.7%1.4% ®
15 Jun 2026APR0.6%0.1%1.9%
14 May 2026MAR1.9%1.4%2%
15 Apr 2026FEB2%2.3%-1.1% ®
12 Mar 2026JAN-1%-0.6%1.8% ®
17 Feb 2026DEC2%2.1%-1.8%
15 Jan 2026NOV-1.8%0.1%0.4% ®
12 Dec 2025OCT0.1%-0.1%0.6%
14 Nov 2025SEP0.6%0%-1.2%

See it in the economic calendar →

Why it matters

Inventory changes feed directly into GDP: building stocks adds to growth, running them down subtracts. A pile-up of unsold goods can foreshadow cuts in production.

How it is calculated

Businesses report the book value of their stocks and sales; the inventory-to-sales ratio shows how many months of sales are on the shelves.

What changes mean

  • Rising inventories with falling sales are a warning sign; with rising sales they are healthy restocking.
  • Markets react little except where the figure changes GDP estimates.

A short history

Inventory cycles were first described by Joseph Kitchin in the 1920s ("Kitchin cycles" of about 40 months).

Questions

What is the Canada Wholesale Sales MoM Final?

The Canada Wholesale Sales MoM Final measures the stock of unsold goods held by businesses in Canada, or the sales of wholesalers.

What was the latest Canada Wholesale Sales MoM Final?

-1.6% for AUG, published on 15 October 2026 (consensus -1.5%, previous 0.3%).

When is the next Canada Wholesale Sales MoM Final?

On Friday 13 November 2026 at 13:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.