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Retail Sales (MoM)

The Retail Sales released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD.

Most recent - Friday 19 May 2023 12:30

Previous
-0.2%
Revised
-
Forecast
-1.4%
Actual
-1.4%

Next event - Friday 23 June 2023 12:30

Previous
-1.4%
Forecast
-
Actual
-

The typical/expected impact on CAD pairs is high.

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 -1.4% against a forecast of -1.4%.

Past events

Date
Forecast
Actual
Friday 19 May 2023 12:30
-1.4%
-1.4%
Friday 21 April 2023 12:30
-0.6%
-0.2%
Friday 24 March 2023 12:30
0.7%
1.4%
Tuesday 21 February 2023 13:30
0.2%
0.5%
Friday 20 January 2023 13:30
-0.5%
-0.1%
Tuesday 20 December 2022 13:30
-0.3%
1.4%
Tuesday 22 November 2022 13:30
-0.7%
-0.5%
Friday 21 October 2022 12:30
0.2%
0.7%
Friday 23 September 2022 12:30
-2%
-2.5%
Friday 19 August 2022 12:30
0.3%
1.1%
Friday 22 July 2022 12:30
1.6%
2.2%
Tuesday 21 June 2022 12:30
0.8%
0.9%
Thursday 26 May 2022 12:30
1.4%
0%
Friday 22 April 2022 12:30
-0.1%
0.1%
Friday 18 March 2022 12:30
2.4%
3.2%
Friday 18 February 2022 13:30
-2.1%
-1.8%
Friday 21 January 2022 13:30
1.2%
0.7%
Tuesday 21 December 2021 13:30
1%
1.6%
Friday 19 November 2021 13:30
-1.7%
-0.6%
Friday 22 October 2021 12:30
2%
2.1%
Thursday 23 September 2021 12:30
-1.2%
-0.6%
Friday 20 August 2021 12:30
4.4%
4.2%
Friday 23 July 2021 12:30
-3%
-2.1%
Wednesday 23 June 2021 12:30
-5%
-5.7%
Friday 21 May 2021 12:30
2.3%
3.6%
Wednesday 28 April 2021 12:30
4%
4.8%
Friday 19 March 2021 12:30
-3%
-1.1%
Friday 19 February 2021 13:30
-2.5%
-3.4%
Friday 22 January 2021 13:30
0.1%
1.3%
Friday 18 December 2020 13:30
0.2%
0.4%
Friday 20 November 2020 13:30
-
1.1%
Friday 20 November 2020 13:30
0.2%
1.1%
Wednesday 21 October 2020 12:30
-
0.4%
Wednesday 21 October 2020 12:30
1.1%
0.4%
Friday 18 September 2020 12:30
-
1.1%
Friday 18 September 2020 12:30
1%
0.6%
Friday 21 August 2020 12:30
-
0.7%
Friday 21 August 2020 12:30
24.5%
23.7%
Tuesday 21 July 2020 12:30
-
24.5%
Tuesday 21 July 2020 12:30
20%
18.7%
Friday 19 June 2020 12:30
15.1%
19.1%
Friday 19 June 2020 12:30
-15.1%
-26.4%

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:

PreviousLatest
Average Hourly Wages (YoY)Bearish change5.2%5.1%
Net Change in EmploymentBearish change41.4K-17.3K
Participation RateBearish change65.6%65.5%
Unemployment RateBearish change5%5.2%
BoC Interest Rate DecisionBullish change4.5%4.75%
International Merchandise TradeBullish change$0.23B$1.94B
Ivey Purchasing Managers IndexBullish change55.660.1
Ivey Purchasing Managers Index s.aBearish change56.853.5
S&P Global Manufacturing PMIBearish change50.249
Gross Domestic Product (MoM)Bearish change0.1%0%
Gross Domestic Product (QoQ)Bullish change0%0.8%
Gross Domestic Product AnnualizedBullish change-0.1%3.1%
Current AccountBullish change-8.05B-6.17B

About Retail Sales (MoM)

Country:Canada
Currency:CAD
Source:Statistics Canada
Category:Consumption
Frequency:Monthly
 
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