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Canada Retail Sales MoM
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Latest Release
Jul 23, 2021
Actual-2.1%
Forecast-3.0%
Previous-5.7%
Retail Sales gauges the change in the aggregate value of sales at the retail level across the country. It is an important indicator of consumer spending accounting for the majority of overall economic activity.
A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.
A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Aug 20, 2021 (Jun) | 13:30 | -3.0% | -2.1% | ||
| Jul 23, 2021 (May) | 13:30 | -2.1% | -3.0% | -5.7% | |
| Jun 23, 2021 (Apr) | 13:30 | -5.7% | -5.0% | 3.6% | |
| May 21, 2021 (Mar) | 13:30 | 3.6% | 2.3% | 4.8% | |
| Apr 28, 2021 (Feb) | 13:30 | 4.8% | 4.0% | -1.1% | |
| Mar 19, 2021 (Jan) | 13:30 | -1.1% | -3.0% | -3.4% |
News
Canadian Retail Sales Slow After Surpassing Pandemic Losses
By Bloomberg - Sep 18, 2020
(Bloomberg) -- Gains for Canadian retailers slowed sharply in July and August, suggesting pent-up demand from prior months has been largely extinguished. Sales grew 0.6% in July, versus 23% in June...
Forex - Weekly Outlook: Sept 16 - 20
By Investing.com - Sep 15, 2019
Investing.com - The safe haven yen and Swiss franc look likely to strengthen when markets open this week amid heightened geopolitical tensions in the Middle East after weekend attacks on Saudi oil...
Analysis
Week Ahead Preview: Highlights Include PMIs, BoE, US Durable Goods
By Ryan Anderson - Jun 18, 2021
3
MON: PBoC LPR AnnouncementTUE: US Richmond Fed Survey (Jun); NBH Policy DecisionWED: EZ, UK and US Markit Flash PMIs (Jun); Canadian Retail Sales (Apr); CNB & Thai Policy Decisions, SNB Quarterly...
High Yields Sour Equity Sentiment
By David Madden - Mar 19, 2021
European equity markets had a good run yesterday following the bullish session in the US on Wednesday. In the past 48 hours we heard from the Federal Reserve and the Bank of England, both central...
Good Data + Broker Squeeze = FX Risk Recovery
By Kathy Lien - Jan 28, 2021
2
All of the major currencies traded higher on Wednesday on the back of good data and equity market gains. The U.S. economy expanded by 4% in the fourth quarter, but this increase was not enough to...
Retail Sales (MoM) Discussion
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