Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

Canadian wholesale trade dips, retail sales hold steady in November

admin by admin
December 20, 2024
in Economy
0
Canadian wholesale trade dips, retail sales hold steady in November
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Investing.com — Canadian wholesale trade experienced a likely drop of 0.7% in November compared to October, according to a preliminary estimate released by Statistics Canada on Friday.

The decrease was primarily attributed to lower sales in the motor vehicle and motor vehicle parts and accessories, along with the building material and supplies subsectors.

This estimate was derived from a weighted response rate of 58.8%. For comparison, the average weighted response rate for the survey over the previous 12 months stood at 81.9%.

On the other hand, Canadian retail sales saw growth of 0.6% in October from September, reaching C$67.58 billion ($46.99 billion). This growth was primarily led by increased sales at motor vehicle and parts dealers.

However, Statistics Canada’s preliminary estimate suggests that retail sales in November remained unchanged from October.

In October, five out of nine retail trade subsectors, which represent 52.6% of the total retail trade, reported increased sales. In terms of volume, retail sales remained steady.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Previous Post

Futures dragged down by gov’t shutdown fears; inflation data awaited

Next Post

Microstrategy, other bitcoin-linked stocks slip as crypto market cools off

admin

admin

Next Post
Microstrategy, other bitcoin-linked stocks slip as crypto market cools off

Microstrategy, other bitcoin-linked stocks slip as crypto market cools off

Trending News

Top Summer Picks: Ethereum (ETH) Climbs, But This Under-$0.05 Coin Could 15x

Top Summer Picks: Ethereum (ETH) Climbs, But This Under-$0.05 Coin Could 15x

July 9, 2025
Dogecoin Price Set for Surge as Whales Accumulate Ahead of Key Events

Dogecoin Price Set for Surge as Whales Accumulate Ahead of Key Events

July 29, 2025
Trump-Musk feud could end up helping Tesla stock, Tom Lee predicts

Trump-Musk feud could end up helping Tesla stock, Tom Lee predicts

June 7, 2025
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.