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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Wholesale Sales MoM climbed to 2.7% in June 2026
FMPMonthlyReleased July 2026
Canada Wholesale Sales MoM climbed to 2.7% in June 2026, released July 2026, up 2.7% from May's 0.0% reading. The print exceeded the -0.2% consensus by 2.9%. Wholesale Sales MoM has now risen for 3 consecutive months. Over the past 3 months, Wholesale Sales MoM averaged 0.87%, vs 1.16% in the prior 3-month window. Wholesale Sales MoM is now the highest in 21 months.
Latest Release
2.7
Actual
-0.2
Consensus
0
Previous
Median Absolute Error
±0.64 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -0.15
Actual: 2.7
Error: -2.85
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 |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.48 | COMMODITIES | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.42 | CRYPTO | Moves against | → View |
| AUD/CAD | ▼ Inverse | −0.38 | FOREX | 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 2.7% in July 2026. This beat the market consensus of -0.2% by 2.9%. The reading rose from the previous value of 0%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.62%, ranging from -1.8% to 2.7% across 18 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 1.13%, up from the prior three at 1.07%. Volatility over the past year (σ 1.25%) is higher than the prior year (σ 0.91%). In July readings over the past 3 years, Wholesale Sales MoM has averaged 0.42%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.64%.
WHAT TO WATCH NEXT
The next release is scheduled for August 26, 2026. Same-country events in the next 14 days include Balance of Trade (Aug 4) and S&P Global Manufacturing PMI (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 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 (Jun 2026): actual 2.7 %, consensus -0.2 %. Prior reading (Apr 2026): 0.6 %. Before that (Apr 2026): 0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.48) — a useful reference for commodities-focused traders.
Σ
EXPECTED ZONE
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Economic Calendar - CA Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Average Weekly Earnings | 3.4 | 3.67 | 3.7 | 3.55 | Low |