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RBC Comments on This Week's Manufacturing Sales, Wholesale Trade in Canada
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RBC Comments on This Week's Manufacturing Sales, Wholesale Trade in Canada
Feb 10, 2025 4:22 AM

06:56 AM EST, 02/10/2025 (MT Newswires) -- Canada will release Manufacturing sales and wholesale trade for December on Friday at 8:30 am. ET, noted RBC.

The bank said it expects manufacturing sales to edge 0.6% month-over-month higher in December, in line with Statistics Canada's preliminary estimate. Most of the increases were driven by higher sales in oil and coal products, and food subsectors.

Canadian wholesale trade likely grew 0.1% month over month in December, according to StatsCan's early indicator, given sales were up in the motor vehicles, parts and accessories subsector, pointed out RBC.

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