Challenges
Retail Sales ex Autos (MoM)
Most recent - Friday 19 May 2023 12:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Friday 23 June 2023 12:30
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Retail Sales ex Autos (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Retail Sales ex Autos (MoM) was -0.3% against a forecast of -0.8%.
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 ex Autos (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Hourly Wages (YoY) | Bearish change | 5.2% | 5.1% | ||
| Net Change in Employment | Bearish change | 41.4K | -17.3K | ||
| Participation Rate | Bearish change | 65.6% | 65.5% | ||
| Unemployment Rate | Bearish change | 5% | 5.2% | ||
| BoC Interest Rate Decision | Bullish change | 4.5% | 4.75% | ||
| International Merchandise Trade | Bullish change | $0.23B | $1.94B | ||
| Ivey Purchasing Managers Index | Bullish change | 55.6 | 60.1 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.8 | 53.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
| Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
| Current Account | Bullish change | -8.05B | -6.17B |
About Retail Sales ex Autos (MoM)
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Consumption |
| Frequency: | Monthly |