FX.co ★ Canada Wholesale Sales Expected to Decline in April

Wholesale sales in Canada are anticipated to decline by 0.9% month-over-month in April 2025, following a modest 0.2% rise in March. Preliminary estimates indicate that this decrease is largely attributed to diminished sales in the motor vehicle and motor vehicle parts and accessories subsectors. Should these figures be confirmed, it would mark the first drop in eight months and represent the most significant decrease since May 2024.