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Canada Retail Sales Mom

Last Release
Mar 31, 2024
Actual
-0.2
Units In
%
Previous
-0.1
Frequency
Monthly
Next Release
Jun 21, 2024
Time to Release
25 Days 2 Hours
Highest
Lowest
Average
Date Range
Source
23.5
May 2020
-24.9
Apr 2020
0.39 %1991-2024Statistics Canada
In Canada, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Canada, Retail sales are seasonal, volatile and relatively important to the overall economy.

Latest Updates

Retail sales in Canada are expected to have surged by 0.7% from the previous month in April of 2024, according to preliminary data, which would mark the sharpest increase in retail turnover in one year. Considering March, retail sales edged 0.2% lower from the previous month, the third consecutive drop, and revised from the preliminary reading of a stall. The decline was largely due to core a 0.6% slip in core retail sales, pressured by a contraction in turnover of home furnishings, electronics and appliances retailers (-1.6%), clothing, clothing accessories, shoes, jewelry, and leather goods retailers (-1.6%), and food and beverage retailers (-0.4%). Regarding more volatile components, turnover at gasoline stations and fuel vendors dropped by 0.7%, as higher prices for fuel offset a 1.7% slump in retail volume. On the other hand, turnover was higher in motor vehicles and parts dealers (1%). From the previous year, retail turnover jumped by 1.9%.

Canada Retail Sales Mom History

Last 12 readings

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