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Canada Core Retail Sales MoM

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Canada Core Retail Sales MoM

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Latest Release
Apr 26, 2017
Actual
-0.1%
Forecast
-0.3%
Previous
2.3%
Core Retail Sales measures the change in the total value of sales at the retail level in Canada, excluding automobiles. It is an important indicator of consumer spending and is also considered a pace indicator for the Canadian economy.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Statistics Canada
Canada Core Retail Sales MoM
 
Release Date Time Actual Forecast Previous
May 19, 2017 (Mar) 08:30     -0.1%
Apr 26, 2017 (Feb) 08:30 -0.1% -0.3% 2.3%
Mar 21, 2017 (Jan) 08:30 1.7% 1.1% -0.5%
Feb 22, 2017 (Dec) 09:30 -0.3% 0.6% -0.1%
Jan 20, 2017 (Nov) 09:30 0.1% 0.2% 1.4%
Dec 22, 2016 (Oct) 09:30 1.4% 0.7% 0.3%

News

text
Forex - USD/CAD trims gains after mixed Canadian data By Investing.com - Apr 26, 2017

Investing.com - The U.S. dollar trimmed gains against its Canadian counterpart on Wednesday, after the release of mixed retail sales data from Canada and as investors awaited further details on the ...

text
Canadian retail sales drop more than expected in February By Investing.com - Apr 26, 2017

Investing.com - Retail sales in Canada weakened once again in February after a strong gain in the first month of the year, falling more than expected and dampening optimism over the Canadian economy, ...

Analysis

ORBEX
Dollar Stays Muted To Trump's Tax Plans By ORBEX - Apr 27, 2017

The U.S. President Donald Trump unveiled the much anticipated tax reforms, most of which was already priced into the markets. The new proposals included reducing the corporation tax from 35% to 15% ...

Alfonso Esparza
Canadian Dollar Lower On Oil Drop By Alfonso Esparza - Apr 25, 2017

The Canadian dollar had a negative trading session on Monday. The loonie was pressured downwards as the price of oil retreated and the USD advanced on the hopes President Trump will present a tax ...

Core Retail Sales (MoM) Discussion

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All Comments (22)
md morad
md morad Feb 20, 2015 11:30AM GMT
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Today is pu trend support favour USD Market.
M Faizan Faizan
M Faizan Faizan Oct 22, 2014 5:53AM GMT
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USD/CAD Up or Down...?
Humayun Ikram
Humayun Ikram Oct 22, 2014 11:38AM GMT
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Down
md morad
md morad Feb 20, 2015 11:29AM GMT
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moga, up .
David Brown
David Brown Sep 23, 2014 11:52AM GMT
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USDCAD go UP!
johnny hansen
johnny hansen Sep 23, 2014 12:20PM GMT
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i am not so sure why up
John De Graaf
John De Graaf Sep 23, 2014 12:45PM GMT
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Thank you david just cashed in on your advice give your self a gold star
Shareef Epirahs
Shareef Epirahs Aug 22, 2014 11:42AM GMT
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CAD up or down?
Buda Popov
Buda Popov Nov 25, 2014 2:02PM GMT
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D.
PRABU Mu
PRABU Mu Jul 23, 2014 12:29PM GMT
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USA Economy is up so its is help to Canada Growth. Because Canada is highly export to america
EL Lee
ellee Jul 23, 2014 11:59AM GMT
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Prabu, but forecast is going down..
PRABU Mu
PRABU Mu Jul 22, 2014 2:52PM GMT
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Manufacturing Sales & Whole Sales increased, So i think Retail Sales will rise...
cos cj
cos cj Jul 22, 2014 1:36PM GMT
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CAD will go up right?.
cos cj
cos cj Jun 20, 2014 8:10AM GMT
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CAD is definitely going up.
cos cj
cos cj Jun 19, 2014 2:15PM GMT
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Guys, is CAD going up tomorrow?
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