Canada August wholesale sales +2.3% vs +2.6% expected

<ul><li><a href="https://www.forexlive.com/news/canada-wholesale-trade-for-july-02-versus-14-estimate-20230914/" target="_blank" rel="follow">Prior </a>was +0.2% (revised to 0.0%)</li><li>In volume terms, wholesale sales (excluding petroleum, petroleum
products, and other hydrocarbons and excluding oilseed and grain)
grew 2.2% in August</li><li>Sales in the machinery, equipment and supplies subsector grew by 5.2%</li><li>Wholesale inventories rose 0.5% vs +0.4% prior</li><li>The inventory-to-sales ratio fell from 1.58 in July to 1.55 in August</li></ul><p>A port strike in BC was somewhat of a drag in August.</p>

This article was written by Adam Button at www.forexlive.com.