Home Canada: Wholesale sales to rise by 0.4% in May – TDS

Canada: Wholesale sales to rise by 0.4% in May – TDS

Published date: 22 Jul. 2019 | 12:02

Analysts at TD Securities (TDS) offer a quick glance on what to expect from Monday’s Canadian Wholesale Sales report, dropping in at 1230 GMT.

Key Quotes:

“CAD 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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