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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Wholesale Sales MoM climbed to 0.5% in September 2026
FMPMonthlyReleased October 2026
Canada Wholesale Sales MoM climbed to 0.5% in September 2026, released October 2026, up 2.1% from August's -1.6% reading. The print exceeded the -0.1% consensus by 0.6%. The print is running well below the 12-month average of 0.9%. Over the past 3 months, Wholesale Sales MoM averaged 0.22%, vs 1.33% in the prior 3-month window. The reading is in the 55th percentile of the trailing 24-month range.
Latest Release
0.5
Actual
-0.1
Consensus
-1.6
Previous
Median Absolute Error
±0.41 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: -0.12
Actual: 0.5
Error: -0.62
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.37 | CRYPTO | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.28 | COMMODITIES | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Wholesale Sales MoM (Canada) was reported at 0.5% in October 2026. This beat the market consensus of -0.1% by 0.6%. The reading rose from the previous value of -1.6%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 0.47%, ranging from -1.8% to 2.8% across 19 releases.
WHY IT MATTERS
The trailing three releases averaged -0.87%, down from the prior three at 0.83%. Volatility over the past year (σ 1.43%) is higher than the prior year (σ 0.91%). In October readings over the past 3 years, Wholesale Sales MoM has averaged -0.33%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.41%.
WHAT TO WATCH NEXT
The next release is scheduled for November 13, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Nov 2) and S&P Global Manufacturing PMI (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Wholesale Sales MoM - CA
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About Wholesale Sales MoM — Canada
DEFINITION
Wholesale Sales MoM (Month-over-Month) is a financial indicator that measures the change in the total value of sales made by wholesalers from one month to the next. It provides valuable insights into the current state of the wholesale market and can be used to track trends and predict future economic activity. This indicator is closely monitored by investors, analysts, and policymakers as it reflects the overall health of the economy and can impact financial markets.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 0.5 %, consensus -0.1 %. Prior reading (Aug 2026): -1.6 %. Before that (Aug 2026): -1.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - CA Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Average Weekly Earnings | 3.7 | 3.2 | 3.2 | 3.45 | Low |