September 2017 Canadian wholesale trade 21 November 2017

  • Prior 0.5%. Revised to 0.4%
  • 9.9% y/y
  • Ex-autos -1.8% vs 0.1% prior m/m. Revised to 0.0%
  • 9.5% y/y
  • Inventories 0.6% vs 0.2% prior m/m. Revised to 0.0%
  • 9.0% y/y

Drops in personal and household goods, food, drink & fags helped tip trade into the negative. USDCADhas jumped a few pips to 1.2820 from around 1.2807. Not a huge data point but the CAD has been jumpy on a lot of data recently.

 

 

Ryan Littlestone

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