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 ex Autos (MoM) yet - check back for updates.
The most recent announced value for Retail Sales ex Autos (MoM) was 0.9% against a forecast of 0.5%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex Autos (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bullish change | 51.1 | 52 | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.3% | ||
Gross Domestic Product Annualized | Bearish change | 2.2% | 1% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
Current Account | Bullish change | -4.7B | -3.23B | ||
Retail Sales (MoM) | (no change) | 0.4% | 0.4% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Consumption |
Frequency: | Monthly |