FX.co ★ Canadian Wholesale Sales Show 1.3% Growth in April 2024

In the latest update on April 26, 2024, Canada's wholesale sales have shown a 1.3% increase in the month-over-month comparison. The previous indicator had remained steady at 0.0%, indicating a positive shift in the country's wholesale market. Month-over-month comparisons provide insight into the change from the previous month, and in this case, Canada has experienced growth in wholesale sales from the previous reporting period. This increase reflects a potential uptick in economic activities within the wholesale sector, signaling a positive trend for Canada's economic landscape. Investors and analysts will be watching closely to see how this growth trajectory unfolds in the coming months.