Retail sales in Canada likely increased 1.3% month-over-month in August 2026, rebounding from a 0.7% fall in July, according to preliminary estimates. It would mark the strongest gain in retail sales since January. Meanwhile in July, sales at motor vehicle and parts dealers were down 0.8%, posting their first decline in four months, led by lower sales at new car dealers (-1.3%). Also, sales at gasoline stations and fuel vendors declined 0.9%, sales at general merchandise dropped 1.9% and lower sales were also recorded at clothing, clothing accessories, shoes, jewelry, luggage and leather goods retailers (-1.2%). In contrast, sales went up for building material and garden equipment and supplies dealers (+0.8%) and used car dealers (+2.9%). Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were also down 0.7% in July. Year-on-year, retail sales increased 5.1%. source: Statistics Canada
Retail Sales in Canada increased 1.30 percent in August of 2026 over the previous month. Retail Sales MoM in Canada averaged 0.39 percent from 1991 until 2026, reaching an all time high of 22.20 percent in May of 2020 and a record low of -23.00 percent in April of 2020. This page provides - Canada Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Retail Sales in Canada increased 1.30 percent in August of 2026 over the previous month. Retail Sales MoM in Canada is expected to be 0.30 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 MoM is projected to trend around 0.50 percent in 2027 and 0.30 percent in 2028, according to our econometric models.