Retail Sales in Canada increased 1.50 percent in October of 2024 over the same month in the previous year. Retail Sales YoY in Canada averaged 4.65 percent from 1992 until 2024, reaching an all time high of 55.60 percent in April of 2021 and a record low of -30.20 percent in April of 2020. source: Statistics Canada
Retail Sales YoY in Canada is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Retail Sales YoY is projected to trend around 1.80 percent in 2025 and 3.00 percent in 2026, according to our econometric models.