Retail Sales in Canada increased 3.30 percent in December of 2020 over the same month in the previous year. It is the lowest gain in six months. Considering full 2020, retail sales were down 1.4%, the largest annual decline since the 2009 recession. source: Statistics Canada

Retail Sales YoY in Canada averaged 4.21 percent from 1992 until 2020, reaching an all time high of 10.50 percent in December of 1997 and a record low of -31 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 February of 2021.

Retail Sales YoY in Canada is expected to be 6.50 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 3.50 in 12 months time. In the long-term, the Canada Retail Sales YoY is projected to trend around 3.50 percent in 2022 and 4.50 percent in 2023, according to our econometric models.

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Canada Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
3.30 7.60 10.50 -31.00 1992 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 01:30 PM Sep 4.6% 3.7% 3.2%
2020-12-18 01:30 PM Oct 7.5% 5.6% 5%
2021-01-22 01:30 PM Nov 7.5% 7.3% 6.9%
2021-02-19 01:30 PM Dec 3.3% 7.6% 6.8%
2021-03-19 12:30 PM Jan 3.3% 3.2%
2021-04-28 12:30 PM Feb
2021-05-21 12:30 PM Mar
2021-06-23 12:30 PM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 46.34 47.98 57.05 35.60 points [+]
Retail Sales MoM -3.40 1.30 22.20 -24.80 percent [+]
Retail Sales YoY 3.30 7.60 10.50 -31.00 percent [+]
Retail Sales Ex Autos -4.10 2.10 15.20 -20.70 percent [+]
Consumer Spending 1133623.00 1003640.00 1193017.00 182407.00 CAD Million [+]
Disposable Personal Income 1416188.00 1474308.00 1474308.00 24872.00 CAD Million [+]
Personal Savings 14.60 28.20 28.20 0.40 percent [+]
Consumer Credit 626249.00 622751.00 642986.00 11066.00 CAD Million [+]
Private Sector Credit 4638279.00 4618784.00 4638279.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Households Debt To GDP 110.97 106.16 110.97 52.46 percent of GDP [+]
Households Debt To Income 170.93 166.78 174.31 83.56 percent [+]
Gasoline Prices 0.89 0.85 1.32 0.41 USD/Liter [+]


Canada Retail Sales YoY
In Canada, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.