Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Retail Sales ex Autos (MoM) was 0.5% against a forecast of -0.4%.
Recent economic data has been moderately bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Retail Sales ex Autos (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bullish change | -0.6% | -0.4% | ||
BoC Interest Rate Decision | (no change) | 2.75% | 2.75% | ||
BoC Consumer Price Index Core (MoM) | Bearish change | 0.7% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.7% | 2.2% | ||
Consumer Price Index (MoM) | Bearish change | 1.1% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 2.6% | 2.3% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Consumption |
Frequency: | Monthly |