Canada Retail Sales: 65,999 CAD mn (June 2023)
Canada Retail Sales came in at 65,999 on Aug 21, 2023, compared with 65,912 previously. See the full release history, chart, Bank of Canada context, and API access for this series.
- Actual
- 65,999
- Previous
- 65,912
- Forecast
- --
- Next release
- Nov 20, 2026
June 2023
Release alerts
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Canada Retail Sales release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.
Canada Retail Sales release analysis
What the release showed
Canada Retail Sales came in at 65,999 in the release of Aug 21, 2023, up 87 from 65,912.
How it compares
This is the highest reading in the 3 releases shown since May 2023.
The series rose in 1 and fell in 1 of those release-to-release moves.
Why Retail Sales matters for CAD
Consumer spending accounts for 60–70% of GDP in most developed economies. Strong retail sales indicate healthy household finances and tend to support the cad by reducing the probability of rate cuts.
How to read it
A beat on retail sales is cad-positive and may delay rate cuts. A sustained decline in retail sales signals consumer stress, which could prompt the Bank of Canada to ease, weakening the cad.
What to watch next
The next Canada Retail Sales release is due on Nov 20, 2026.
- Control group / ex-autos to filter out volatile components
- Real vs nominal — an important distinction when inflation is high
- Holiday and seasonal adjustment effects
- Revisions to the prior month
Recent Canada Retail Sales releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| Sep 21, 2023 | July 2023 | 65,934 | 65,999 | -- |
| Aug 21, 2023 | June 2023 | 65,999 | 65,912 | -- |
| Jul 24, 2023 | May 2023 | 65,912 | 65,544 | -- |
Get Canada Retail Sales data as soon as it is published
This page shows the most recent releases. The API serves the full Canada Retail Sales history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/cad/retail_sales
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/cad/retail_sales",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])Match this release by announcement_id cad_retail_sales_2023-06-30. Forecasts for the same release: /v1/predictions/cad/retail_sales.
Release data snapshot
Citation fields for this announcement.
| Public release ID | cad_retail_sales_2023-08-21 |
|---|---|
| API announcement ID | cad_retail_sales_2023-06-30 |
| Release time |
Estimated 2023-08-21 12:30 UTC
|
| Reference period date | 2023-06-30 |
| Actual value | 65,999 |
| Previous value | 65,912 |
| Forecast | -- |
| Surprise | -- |
More Canada Retail Sales releases
Move through adjacent announcement records for the same series.
Related Canada indicators
Continue from this release into adjacent macro series for the same country.
Building Permits
Number of new residential construction permits authorized, a leading indicator of future housing activity and economic growth.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Inflation MoM
Month-over-month change in the consumer price index, measuring short-term inflationary momentum.
Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Canada Retail Sales.
What did Canada Retail Sales come in at, and how did it compare with the forecast and the previous reading?
Canada Retail Sales was 65,999 CAD mn in June 2023. The previous reading was 65,912 CAD mn.
When was this Canada Retail Sales release published?
The publication time is estimated for Aug 21, 2023 at 08:30 America/Toronto. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.
When is the next Canada Retail Sales release?
The next Canada Retail Sales release is scheduled for Nov 20, 2026.
What is the official source for Canada Retail Sales?
Statistics Canada publishes the official Retail Sales series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1692621000,
"announcement_id": "cad_retail_sales_2023-06-30",
"date": "2023-06-30",
"previous_value": 65912.0,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"release_time_assumed": true,
"revisions": [
{
"epoch": 1777033800,
"val": 65999.0
}
],
"val": 65999.0
}