Canada Retail Sales MoM

Retail Sales in Canada increased 1.30 percent in January of 2014 over the previous month. Retail Sales MoM in Canada is reported by the Statistics Canada. Retail Sales MoM in Canada averaged 0.36 Percent from 1991 until 2014, reaching an all time high of 3.70 Percent in December of 1997 and a record low of -4.50 Percent in January of 1998. In Canada, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Canada, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Canada Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.30 -1.90 3.70 -4.50 0.34 | 2014/02 1991 - 2014 Percent Monthly


Canada Retail Sales MoM

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-20 01:30 PM Canada
Retail Sales MoM
Oct 2013 -0.1% 1.0% 0.3% 0.35%
2014-01-23 01:30 PM Canada
Retail Sales MoM
Nov 2013 0.6% -0.1% 0.3% 0.36%
2014-02-21 01:30 PM Canada
Retail Sales MoM
Dec 2013 -1.8% 0.6% -1.0% 0.34%
2014-03-21 12:30 PM Canada
Retail Sales MoM
Jan 2014 1.3% -1.9% (R) 0.8% 0.34%
2014-04-23 01:30 PM Canada
Retail Sales MoM
Feb 2014 1.3% 0.5% 0.34%
2014-05-22 01:30 PM Canada
Retail Sales MoM
Mar 2014 0.28%

Consumer Last Previous Highest Lowest Forecast Unit
Bank Lending Rate 3.00 2014-04-30 3.00 22.75 2.25 3.00 2014-05-31 Percent [+]
Consumer Spending 954859.00 2013-11-15 947646.00 954859.00 162251.00 959508.41 2014-03-31 CAD Million [+]
Disposable Personal Income 1090364.00 2013-11-15 1078704.00 1090364.00 26768.00 1098694.50 2014-03-31 CAD Million [+]
Personal Savings 54700.00 2013-11-15 52888.00 69512.00 1200.00 55142.79 2014-03-31 CAD Million [+]
Retail Sales YoY 3.70 2014-01-31 3.40 10.50 -6.50 3.37 2014-02-28 Percent [+]
Retail Sales MoM 1.30 2014-01-31 -1.90 3.70 -4.50 0.34 2014-02-28 Percent [+]
Consumer Confidence 84.40 2013-12-31 81.20 93.40 60.00 77.68 2014-03-31 [+]

Retail Sales MoM | Notes
The Retail Sales report is an aggregated measure of the sales of retail goods over a certain period. Usually, the Retail sales report is based on a data sampling that is extrapolated to model an entire country. Generally, the retail sales report not only captures store sales, catalogue sales and other out of store sales but also breaks down sales figures into groups like food and beverages, clothing, and autos. The Retail sales report is one of the timeliest economic reports, providing data that is only a few weeks old. The most popular measure of retail sales is month over month, where the volume of retail sales in certain month is compared to the previous month. However, some countries prefer the year over year measure where the certain month is compared to the same month a year ago thus accounting for seasonality and other oscillations in retail sales data.


Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
Canadian Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Canadian jobless rate fell to 6.9 from 7.0 percent in the previous month and 7.2 percent a year earlier. Employment increased by 42,900, driven by gains among youths, compared with a loss of 7,000 jobs in February.
Canadian Trade Balance Turns to a CAD 290 Million Surplus  
Trade balance in Canada recorded a surplus of CAD 290 million in February of 2014, following a CAD 337 million deficit in January, as exports grew 3.6 percent and imports were up 2.1 percent. Motor vehicles and parts, and energy products improved exports, while imports increased for energy products.
Canada Inflation Rate Slows in February  
Canadian annual inflation rate decelerated for the first time in 4 months to 1.1 percent, after hitting a 19-month high 1.5 percent in January. The slowdown is mainly due to a 1.3 percent fall in gasoline prices, following a 4.6 percent increase in January.
Canada Trade Deficit Narrows Sharply in January  
Canadian trade deficit decreased to CAD 172 million in the first month of 2014 from CAD 922 million in December of 2013 as imports declined 1.6 percent while exports edged up 0.2 percent.
Canada Unemployment Rate Steady at 7%  
In February of 2014, Canada's jobless rate remained unchanged at 7 percent. There has been little overall employment growth in Canada since August 2013.
Canada Leaves Monetary Policy Unchanged  
At its March 5th, 2014 meeting, Canada's central bank decided to leave the overnight rate unchanged at 1 percent, as widely expected, citing balanced risks to inflation, housing market and household debt.
Canadian Economy Resilient in Q4  
In the last three months of 2013, Canada’s GDP advanced 0.7 percent on a quarter-on-quarter basis, the same rate recorded in the preceding quarter. The annualized growth rate was recorded at 2.9 percent, better than 2.7 percent in the third quarter.
Canada's Current Account Deficit Widened in Q4  
Canada's current account deficit increased by CAD 1.2 billion to CAD 16.0 billion in the fourth quarter of 2013. It is the highest deficit in the last five quarters, as exports fell due to lower crude oil prices and imports rose.


Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.

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