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Retail Sales

This is the index of change in retail sales. This is an important indicator of consumer spendings, and is used for calculating the consumer price index. An increasing number of retail sales can signal consumer confidence and growth to come, but higher consumption can also lead to inflationary pressures.

  • Release Frequency: monthly.
  • Release Schedule: 08:30 EST, in the middle of the month.
  • Source: Statistics Canada.