Canada Retail Sales YoY - Forecast

Retail Sales YoY in Canada is expected to be 5.51 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 4.76 in 12 months time. In the long-term, the Canada Retail Sales YoY is projected to trend around 4.57 percent in 2020, according to our econometric models.


Canada Retail Sales YoY
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Canada Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 55.72 52.8 52.8 53.92 51.9 53.8
Retail Sales MoM 0.2 0.38 0.37 0.37 0.37 0.3
Retail Sales YoY 6.5 5.51 5.12 4.89 4.76 4.57
Retail Sales Ex Autos 1.6 0.26 0.34 0.35 0.35 0.3
Consumer Spending 1071880 1090765 1099175 1106965 1114249 1110000
Disposable Personal Income 1208252 1200000 1200000 1226039 1228305 1233573
Personal Savings 2.6 3.53 3.43 3.48 3.55 5
Consumer Credit 605466 578000 581000 621590 594000 614000
Private Sector Credit 4150075 4211306 4268014 4320530 4369112 4720339
Bank Lending Rate 3.45 2.7 2.7 3.8 3.1 3.7
Households Debt To Gdp 100 101 101 101 101 99.25
Households Debt To Income 173 175 177 178 178 181
Gasoline Prices 1.03 1.05 1.05 1.04 0.81 1.15