Retail sales excluding autos in Canada fell 0.4 percent month-over-month in August of 2018, against market expectations of a 0.2 percent increase and following a downwardly revised 0.8 percent gain in July. Retail Sales Ex Autos in Canada averaged 0.35 percent from 1991 until 2018, reaching an all time high of 3.30 percent in March of 1994 and a record low of -3.20 percent in April of 1994.
Retail Sales Ex Autos in Canada is expected to be 0.38 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Ex Autos in Canada to stand at 0.35 in 12 months time. In the long-term, the Canada Retail Sales Ex Autos MoM is projected to trend around 0.30 percent in 2020, according to our econometric models.