Latest Canadian retail sales data – June 2023 

While Canadian retail sales stabilize, Quebec records its biggest gain of the year (+1.3%)

The food sub-sector posted the biggest losses of the month. The 0.9% decline in June was mainly due to lower sales by beer, wine and spirits retailers. Sales at supermarkets and other grocery stores also fell (-0.4%), despite six months of consecutive growth.

Please note this publication is only issued in French.

Latest Canadian retail sales data – May 2023 

In Canada, May retail sales stabilized at $66 bn, marking a slight increase (+0.2%) on April 2023. Similarly, Quebec retail sales also showed a stabilizing trend, despite a 0.9% drop.

This was a month without any major surprises to report, and Statistics Canada’s provisional estimates do not anticipate any notable turbulence on the horizon either.

Please note this publication is only issued in French.

Latest Canadian retail sales data – April 2023 

In Canada, retail sales amounted to $65.9 billion, up 1.1% on March 2023. Quebec sales also rose (+0.9%) during the month, reaching a new all-time high.

Core retail sales, which exclude sales in the automotive and gas station sectors, posted their fifth consecutive month of growth.

Please note this publication is only issued in French.

Latest Canadian retail sales data – March 2023 

In Canada, retail sales totaled $65.3 billion, down 1.4% on February 2023. Quebec also recorded a decline (-0.9%) over the month.

Vehicle and auto parts dealers recorded the biggest decline in the country (-4.4%). This is the first drop in retail sales for this sub-sector of the economy since June 2022.

Please note this publication is only issued in French.

Latest Canadian retail sales data – February 2023 

While retail sales in Canada reached $66.3 billion, down 0.2% from January 2023, Quebec made gains (+0.9%) during the month.

Gasoline stations and fuel retailers recorded the largest decline in the country (-5.0%). The 1.0% depreciation in gasoline prices over the same period contributed to this and was mainly due to the accumulation of crude oil inventories in the United States.

Please note this publication is only issued in French.

Latest Canadian retail sales data – September 2022

Canadian quarterly retail sales fall for the first time since their pandemic low. In September, the appreciation of global crude oil supply and lower prices at the pump contributed significantly to the 0.5% decline in the country for the month. Among the seven provinces that recorded a decline, Quebec had the largest one in absolute value when compared to August. A reduction in the value of its sales of $178 million takes it away from its historical peak in May 2022.

For October, Statistics Canada anticipates a strong increase in retail sales (+ 1.5%). This is a surprising increase given the Bank of Canada’s efforts in recent months to reduce inflation.

Please note this publication is only issued in French.