Canada: Retail sales Y-on-Y
* indicates monthly or quarterly data series
| Canada |
Retail sales Y-on-Y |
|---|---|
| Latest value | 6.89 |
| Reference | September 2022 |
| Measure | percent |
| Source | Statistics Canada |
For that indicator, we provide data for Canada from January 1992 to September 2022. The average value for Canada during that period was 4.65 percent with a minimum of -31.56 percent in April 2020 and a maximum of 58.04 percent in April 2021.
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* indicates monthly or quarterly data series
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Measure: percent
Source: Statistics Canada
Source: Statistics Canada
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.