Economic Indicators

Canada January wholesale trade most likely down 0.6% – Statscan flash estimate

A float plane flies past containers and cranes at the Port of Vancouver, British Columbia, Canada, July 30, 2023. REUTERS/Chris Helgren/File Photo

OTTAWA (Reuters) – Canadian wholesale trade most likely fell 0.6% in January from December, largely reflecting a notable decline in the building materials and supplies subsector, Statistics Canada said in a flash estimate on Monday.

This estimate was calculated based on a weighted response rate of 55.5%. The average final response rate for the survey over the previous 12 months has been 75.8%.

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