Wholesale trade: Early indicator, March 2024
Released: 2024-04-26
Statistics Canada is providing an advance estimate of sales in the wholesale trade sector for March. The advance results for March indicate that wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) fell 1.3%. The decrease reflects lower sales in the motor vehicle and motor vehicle parts and accessories subsector and the miscellaneous subsector.
This estimate was calculated based on a weighted response rate of 69.9%. The average final response rate to the survey over the eight months preceding it was 75.9%. As Statistics Canada continues to collect data for the March reference month, this early indicator is subject to a higher revision rate than the regular monthly release.
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Note to readers
Petroleum products, as well as oilseed and grain, data continue to be available in data tables but will be excluded from monthly analysis until historical data are available for proper monthly and annual analysis.
The percentage change is calculated using seasonally adjusted data in current dollars.
This early indicator is a special product published to provide Canadians with timely information on the wholesale sector. In an effort to increase efficiency, at the next release of the wholesale early indicator, Statistics Canada will only be providing an estimate for total wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain).
The official estimate of wholesale sales for the month of March, which will be based on a more complete set of survey and administrative data, is scheduled for release on May 14.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
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