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 25 October 2024 12:30

Previous
0.9%
Revised
-
Forecast
0.5%
Actual
0.4%

Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.

Next event - Wednesday 20 November 2024 13:30

Previous
0.4%
Forecast
-
Actual
-

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 0.4% against a forecast of 0.5%.

Past events

Date
Forecast
Actual
Friday 25 October 2024 12:30
0.5%
0.4%
Friday 20 September 2024 12:30
0.6%
0.9%
Friday 23 August 2024 12:30
-0.3%
-0.3%
Friday 19 July 2024 12:30
-0.6%
-0.8%
Friday 21 June 2024 12:30
0.7%
0.7%
Friday 24 May 2024 12:30
0%
-0.2%
Wednesday 24 April 2024 12:30
0.1%
-0.1%
Friday 22 March 2024 12:30
-0.4%
-0.3%
Thursday 22 February 2024 13:30
0.8%
0.9%
Friday 19 January 2024 13:30
0%
-0.2%
Thursday 21 December 2023 13:30
0.8%
0.7%
Friday 24 November 2023 13:30
0%
0.6%
Friday 20 October 2023 12:30
-0.3%
-0.1%
Friday 22 September 2023 12:30
0.4%
0.3%
Wednesday 23 August 2023 12:30
0%
0.1%
Friday 21 July 2023 12:30
0.5%
0.2%
Wednesday 21 June 2023 12:30
0.2%
1.1%
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%

Economic context

Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:

PreviousLatest
Average Hourly Wages (YoY)Bullish change4.5%4.9%
Net Change in EmploymentBearish change46.7K14.5K
Unemployment Rate(no change)6.5%6.5%
Ivey Purchasing Managers IndexBearish change54.552.2
Ivey Purchasing Managers Index s.aBearish change53.152
S&P Global Manufacturing PMIBullish change50.451.1
Gross Domestic Product (MoM)Bearish change0.1%0%

About Retail Sales (MoM)

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