Canada Retail Sales m/m

Country:
Canada
CAD, Canadian dollar
Sector:
Consumer
High 0.9% -0.1%
0.0%
Last release Importance Actual Forecast
Previous
0.0%
0.9%
Next release Actual Forecast
Previous
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  • History
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Canada Retail Sales m/m show changes in the volume of goods sold by retailers to households (in monetary terms) in the specified month compared to the previous month. The indicator is calculated based on survey of retail stores of different types and sizes. The calculation includes large supermarkets and small stores, and separately retail e-commerce sales. The calculation does not include vending machine operators, fuel dealers and other direct selling establishments. The calculated index is seasonally adjusted, as some months are considered to be peak periods in terms of retail sales.

Retail sales data provide a key monthly indicator of consumer behavior in Canada. It is also an important component of GDP. The Bank of Canada takes this indicator into account when adopting the interest rate decision. Companies use the retail sales index to track operational efficiency and prepare investment strategies.

The publication of the retail sales report may affect the Canadian dollar quotes. A slowdown in the growth of retail sales shows that consumers have reduced their spending level. This may lead to a decline in economic activity and have a negative effect on the Canadian dollar.

Last values:

actual data

forecast

The chart of the entire available history of the "Canada Retail Sales m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Dec 2023
0.9%
-0.1%
0.0%
Nov 2023
-0.2%
0.2%
0.5%
Oct 2023
0.7%
0.1%
0.5%
Sep 2023
0.6%
-0.1%
-0.1%
Aug 2023
-0.1%
-0.2%
0.4%
Jul 2023
0.3%
0.0%
0.1%
Jun 2023
0.1%
0.1%
0.1%
May 2023
0.2%
0.0%
1.0%
Apr 2023
1.1%
-0.1%
-1.5%
Mar 2023
-1.4%
0.1%
-0.2%
Feb 2023
-0.2%
0.0%
1.6%
Jan 2023
1.4%
-0.2%
0.0%
Dec 2022
0.5%
0.2%
0.0%
Nov 2022
-0.1%
0.4%
1.3%
Oct 2022
1.4%
-0.3%
-0.6%
Sep 2022
-0.5%
-0.7%
0.4%
Aug 2022
0.7%
0.3%
-2.2%
Jul 2022
-2.5%
1.0%
1.0%
Jun 2022
1.1%
-0.3%
2.3%
May 2022
2.2%
-1.4%
0.7%
Apr 2022
0.9%
1.8%
0.2%
Mar 2022
0.0%
1.8%
0.2%
Feb 2022
0.1%
0.1%
3.3%
Jan 2022
3.2%
-2.4%
-2.0%
Dec 2021
-1.8%
-0.5%
0.8%
Nov 2021
0.7%
2.6%
1.5%
Oct 2021
1.6%
0.2%
-0.3%
Sep 2021
-0.6%
-1.3%
1.8%
Aug 2021
2.1%
-0.3%
-0.1%
Jul 2021
-0.6%
1.6%
4.2%
Jun 2021
4.2%
0.2%
-1.9%
May 2021
-2.1%
-1.6%
-5.6%
Apr 2021
-5.7%
0.1%
4.5%
Mar 2021
3.6%
1.5%
5.8%
Feb 2021
4.8%
-0.3%
0.0%
Jan 2021
-1.1%
-1.4%
-3.7%
Dec 2020
-3.4%
0.4%
1.8%
Nov 2020
1.3%
1.3%
0.1%
Oct 2020
0.4%
-0.8%
1.9%
Sep 2020
1.1%
-2.1%
0.5%
Aug 2020
0.4%
4.6%
1.0%
Jul 2020
0.6%
20.5%
22.7%
Jun 2020
23.7%
17.3%
21.2%
May 2020
18.7%
-27.8%
-25.0%
Apr 2020
-26.4%
37.3%
-9.9%
Mar 2020
-10.0%
0.1%
0.4%
Feb 2020
0.3%
0.0%
0.6%
Jan 2020
0.4%
0.0%
0.2%
Dec 2019
0.0%
0.0%
1.1%
Nov 2019
0.9%
0.1%
-1.1%

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