Canada's wholesale sales to rise by 0.4% in May - TDS

Market news

22 July 2019

Canada's wholesale sales to rise by 0.4% in May - TDS

Analysts at TD Securities (TDS) provide a quick glance on what to expect from Monday’s Canadian Wholesale Sales report, set to be released at 12:30 GMT.

“We look for wholesale sales to rise by 0.4% in May following consecutive >1% gains in March/April, helped by a large increase in manufacturing shipments and strong imports.”

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