Canada Wholesale Trade statistics for July:
Prior month 0.7%Wholesale trade 1.2% vs 1.3% estimateSubsector gains: 4 of 7 subsectors rose, covering ~75% of wholesale trade
Motor vehicles & parts: +5.1%
Building materials & supplies: +2.7%
Year-over-year: +4.3% vs July 2024
Volume terms: +0.8% in July
Details of the manufacturing sales shows:
Transportation equipment sales rebounded +8.6% to $11.4B in July after four monthly declines.
Motor vehicles: +11.4%
Motor vehicle parts: +7.2%
Aerospace products and parts: +6.5%
Seasonal shutdowns in Ontario were less pronounced this year due to a broader production slowdown linked to new US tariffs.
Exports of motor vehicles and parts rose +6.7%.
Aerospace manufacturers showed stronger-than-usual July output, reflecting solid demand.
Petroleum and coal product sales increased +6.2% to $7.2B in July (after +11.6% in June).
Growth driven by ramp-up in refined petroleum production after April–May refinery shutdowns.
Sales in constant dollars: +4.5%.
Year-over-year sales: -12.7% despite recent gains.
Total inventories rose +0.8% to $121.2B in July.
Goods in process: +2.0%
Raw materials: +1.0%
Finished products: -0.5%
Machinery: +3.8%
Petroleum & coal products: +2.6%
Miscellaneous manufacturing: -10.3%
Inventory-to-sales ratio fell to 1.72 from 1.75 in June, indicating slightly quicker turnover.
Unfilled orders edged down -0.1% to $112.3B, with notable declines in miscellaneous manufacturing (-14.1%) and plastics & rubber (-9.0%).
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about canada manufacturing sales for july 2 5 versus 1 8 estimate was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Canada manufacturing sales for July 2.5% versus 1.8% estimate )
Also on site :
- The Supreme Court Cast Its Lot With Trumpism. It Should Be Very Worried.
- UN renews Sudan ceasefire appeal over ‘unimaginable suffering’ of civilians
- Israeli forces continue ceasefire violations with attacks across Gaza