The typical/expected impact on CAD pairs is medium.
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Retail Sales (MoM) was -0.7% against a forecast of -0.8%.
Recent economic data has been moderately bearish 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) | Bearish change | 0.5% | -0.7% | ||
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.2% | 0.1% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 2.3% | 2.4% | ||
| Consumer Price Index (MoM) | Bearish change | 0.5% | -0.1% | ||
| Consumer Price Index (YoY) | (no change) | 3% | 3% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Consumption |
| Frequency: | Monthly |