Canada: Retail sales Y-on-Y

* indicates monthly or quarterly data series
 Canada

Retail sales Y-on-Y

 Latest value 1.9
 Reference March 2024
 Measure percent
 Data availability January 1992 - March 2024
 Average 4.59
 Min - Max -30.26 - 55.57
 Source Statistics Canada
For that indicator, we provide data for Canada from January 1992 to March 2024. The average value for Canada during that period was 4.59 percent with a minimum of -30.26 percent in April 2020 and a maximum of 55.57 percent in April 2021. Click on the following link to see the values of Retail sales Y-on-Y around the world.
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* indicates monthly or quarterly data series


Recent values chart
Canada - Retail sales Y-on-Y - recent values

Historical chart
Canada - Retail sales Y-on-Y - historical chart - 1992-2024
Measure: percent
Source: Statistics Canada


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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.

 Related indicators Latest value Reference Measure
 Industrial production -1.67 9/2023 percent
 Retail sales Y-on-Y 2.57 9/2023 percent
 House price index 224.67 Q3/2023 index point
 Real residential property prices Y-on-Y change -3.59 Q3/2023 percent
 Consumer confidence survey 47.70 9/2023 points
 Purchasing Managers Index (PMI), composite 47.40 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 47.50 9/2023 index points
 Purchasing Managers Index (PMI), services 47.80 9/2023 index points
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