May Canadian wholesale inventories +3.5% vs +3.5% expected

<ul><li>Prior was -1.4%</li><li>Sales of $83.6 billion in May</li><li>Sales up in 4 of 7 subsectors, led by the machinery, equipment and supplies, the miscellaneous, and the
motor vehicle and motor vehicle parts and accessories subsectors</li><li>Inventories -0.2%</li></ul><p>This was the largest monthly increase since Nov 2021</p><p>Statistics Canada is currently reporting these data without petroleum products or grains, due to data issues.</p>

This article was written by Adam Button at www.forexlive.com.

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