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.