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MEDIUM IMPACTCA Retail Sales m/m
Monitor CA Retail Sales m/m to gauge consumer spending, a key driver of economic activity.
Overview
This is the main indicator of consumer spending, which represents the bulk of overall economic activity.
Key Information
What it Measures
It reflects the change in the total sales value at the retail level.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is considered positive for the currency.
Source & Frequency
Statistics Canada (latest release) - https://www.statcan.gc.ca/en/ • This data is published monthly, approximately 50 days after the close of the month.
How Data is Derived
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Also Known As
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Acronym
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