Canada October wholesale gross sales +1.zero% vs +zero.5% anticipated

• Prior was +zero.5%

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• Core wholesale gross sales (ex-petroleum/grain) up 1.zero% to C$83.7B
• Quantity phrases: +zero.four%
• 12 months-over-year: +1.7%

Highlights:

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• Motorcar sector leads beneficial properties: +three.2% to C$14.8B
• Constructing supplies: +2.Eight% to C$12.0B
• Agricultural provides drop: -9.Eight% to C$three.1B

Stock Image:

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• Whole inventories unchanged at C$128.6B
• Stock-to-sales ratio improved to 1.54 from 1.55
• Constructing supplies inventories +1.5%

This text was written by Adam Button at www.ubaidahsan.com.



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