Canada Retail sales (MoM)(Feb)
- Publish time
- 2025-04-25 20:30:00
- Actual
- -0.4%
- Previous
- -0.6%
- Previous (Before Revision)
- --
- Forecast
- -0.4%
- Impact
- --
- Date of data origin
- 2025-02
- Next publish time
- --
- Indicator explain
- Statistics Canada announced that retail sales, collected through a Sampling Investigation of retailers across Canada, are a key monthly Metric for research on Canadian consumer purchase Pattern. Retail sales are an important component of GDP and are part of many institutional economic Model. If the published Data records a high level, it means that healthy economic development will be positive for the Canadian dollar, and vice versa.
- Frequency explain
- Monthly report, Data of the previous month will be released around the 21st day of each month
- Data impact
- The actual value is greater than the expected valueBullish for the Canadian Dollar;oppositeBullish for the Canadian Dollar