Retail sales in Canada sank 32.5 percent year-on-year in April, the most on record, following a downwardly revised 8.3 percent slump in the prior month.
Retail Sales YoY in Canada averaged 4.27 percent from 1992 until 2020, reaching an all time high of 10.50 percent in December of 1997 and a record low of -32.50 percent in April of 2020. This page provides - Canada Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Canada
Retail Sales YoY in Canada is expected to be -3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Canada to stand at 3.00 in 12 months time. In the long-term, the Canada Retail Sales YoY is projected to trend around 3.50 percent in 2021 and 4.50 percent in 2022, according to our econometric models.