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 -0.7% against a forecast of -0.8%.
Other recent announcements which may affect the market's interpretation of the next Retail Sales (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| S&P Global Manufacturing PMI | Bearish change | 53 | 51.5 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.4% | 0% | ||
| Retail Sales ex Autos (MoM) | Bearish change | 0.5% | -0.7% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Consumption |
| Frequency: | Monthly |