Canada
Wholesale sales fell -0.2% MoM in December, falling short of the 0.2% MoM forecast and the 0.1% MoM flash rate.
- Machinery & equipment sales fell the most, down -2.1% MoM, and building material & supplies saw the second largest decline at -2.8% MoM.
- In volume terms, wholesale sales fell -0.8% MoM.
- In Q4 2024, sales were up 1.6% QoQ spurred on by building material & supplies up 3.4% QoQ and food sales up 2.0% QoQ.