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Wholesale Sales MoM Final

Name: Wholesale Sales MoM Final
Creator: TipRanks

The 'Wholesale Sales MoM Final' in Canada measures the monthly percentage change in the total value of sales made by wholesalers, reflecting the health of the wholesale sector. It is important because it provides insights into consumer demand and inventory levels, influencing economic growth and monetary policy decisions. Strong wholesale sales can indicate robust economic activity, potentially impacting financial markets by affecting currency value and stock prices. In Canada, this data helps assess the economic outlook and guide investment decisions.