Canada: Wholesale sales to rise by 0.4% in May - TDS

Analysts at TD Securities (TDS) offer a quick glance on what to expect from Monday’s Canadian Wholesale Sales report, dropping in at 1230 GMT.

Key Quotes:

“CAD We look for wholesale sales to rise by 0.4% in May following consecutive >1% gains in March/April, helped by a large increase in manufacturing shipments and strong imports.”