Challenges
Retail Sales (MoM)
Most recent - Friday 24 November 2023 13:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Thursday 21 December 2023 13:30
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Retail Sales (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Retail Sales (MoM) was 0.6% against a forecast of 0%.
Past events
Economic context
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 48.6 | 47.7 | ||
| Average Hourly Wages (YoY) | (no change) | 5% | 5% | ||
| Net Change in Employment | Bullish change | 17.5K | 24.9K | ||
| Unemployment Rate | Bearish change | 5.7% | 5.8% | ||
| Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.3% | -0.3% | ||
| Gross Domestic Product Annualized | Bearish change | 1.4% | -1.1% | ||
| Current Account | Bullish change | -7.32B | -3.22B | ||
| Retail Sales ex Autos (MoM) | (no change) | 0.2% | 0.2% |
About Retail Sales (MoM)
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Consumption |
| Frequency: | Monthly |