Retail Sales excluding autos in Canada decreased 0.7% month-over-month in August 2024, following a downwardly revised 0.3% rise in July. Retail Sales Ex Autos in Canada averaged 0.37 percent from 1991 until 2024, reaching an all time high of 14.10 percent in June of 2020 and a record low of -18.80 percent in April of 2020. source: Statistics Canada
Retail Sales Ex Autos in Canada is expected to be 1.00 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 Ex Autos MoM is projected to trend around 0.50 percent in 2025 and 1.00 percent in 2026, according to our econometric models.