Challenges
Retail Sales ex Autos (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 ex Autos (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Retail Sales ex Autos (MoM) was 0.2% against a forecast of -0.2%.
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 | ||||
|---|---|---|---|---|---|
| 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 (MoM) | Bullish change | -0.1% | 0.6% | ||
| BoC Consumer Price Index Core (MoM) | Bullish change | -0.1% | 0.3% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.8% | 2.7% | ||
| Consumer Price Index (MoM) | Bullish change | -0.1% | 0.1% | ||
| Consumer Price Index (YoY) | Bearish change | 3.8% | 3.1% |
About Retail Sales ex Autos (MoM)
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Consumption |
| Frequency: | Monthly |