Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Retail Sales (MoM) yet - check back for updates.
The most recent announced value for Retail Sales (MoM) was 2.5% against a forecast of 1.6%.
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 2.7% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | -0.3% | 0.4% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.8% | 2.1% | ||
Consumer Price Index (MoM) | Bullish change | -0.4% | 0.1% | ||
Consumer Price Index (YoY) | Bullish change | 1.8% | 1.9% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Consumption |
Frequency: | Monthly |