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Canada Retail Sales Mom
Last Release
Nov 30, 2024
Actual
0
Units In
%
Previous
0.6
Frequency
Monthly
Next Release
Jan 23, 2025
Time to Release
1 Months 0 Days 19 Hours
Highest | Lowest | Average | Date Range | Source |
23.5 May 2020 | -24.9 Apr 2020 | 0.39 % | 1991-2024 | Statistics 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 remained unchanged from the previous month in November 2024, according to a flash estimate, following the 0.6% increase in October, which was revised downward from the preliminary estimate of 0.7%. The October gain was driven by higher turnover in motor vehicle and parts dealers (2.0%), led by strong growth at new car dealers (2.5%) and used car dealers (2.5%). Additionally, furniture retailers (2.3%), health and personal care retailers (0.8%), and apparel and accessories retailers (1.2%) also saw higher turnover. Meanwhile, turnover was lower at gasoline stations and fuel vendors (-0.5%), marking the sixth consecutive monthly decline, and at food and beverage retailers (-0.7%) due to lower sales at supermarkets (-0.9%) and liquor retailers (-0.4%). From the previous year, retail sales were 1.5% higher.
Canada Retail Sales Mom History
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