Forecaster Charts & Tables

Retail Sales

Retail is shifting from ‘bricks and mortar’ stores to warehouse construction in support of online platforms.

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Canadian Total Retail Sales vs Autos & Parts

In January 2021, total retail sales were +1.3% y/y, but -1.1% m/m. Auto sector sales were -2.1% y/y and -1.0% m/m.

Latest data points are for January, 2021.
*”Year over year” is each month versus the same month of the previous year.
‘Based on ‘current’ (i.e., no accouting for inflation) dollar and seasonally adjusted data.

Data source: Statistics Canada / Chart: ConstructConnect-CanaData.

Canadian Retail Sales Y/Y

Soon, there will be even more dramatic % gains in most of these categories, as 2021 figures are compared with the deeply depressed results generated from Spring on of last year.

For February 2021.
‘Current dollars’ means not adjusted for inflation. Underlying numbers are seasonally adjusted & not ‘smoothed’.

Data source: Statistics Canada / Chart: ConstructConnect-CanaData.

Retail Sales - Canada, Provinces & Cities

In Feb 2021, Toronto, Montreal & Vancouver combined for a little less than 1/3 of total Cdn retail sales. Vancouver (+10.0% y/y) was clearly on 'the fast track'; Toronto (-13.0%) was bogged down.

February 2021 Year-over-Year (Y/Y) & Shares
Based on ‘current’ dollars (i.e., not altered for inflation) that have been seasonally adjusted.

Data source: Statistics Canada / Chart: ConstructConnect-CanaData.

Total Retail Sales in Canada

In Feb 2021, Canadian total retail sales were +6.0% year over year and +4.8% month to month. Issuance of Cdn retail sales figures is always a month behind the U.S.

Data source: Statistics Canada Table 20-10-0078-01/Chart: ConstructConnect — CanaData.

Total Retail Sales in Canada Monthly

Canadian 'total retail' sales in Feb 2021 were +6.0% y/y. Given that gas station sales were -7.4%, total retail sales excluding 'fill-up' stations were stronger at +7.5%.

The last data points are for February 2021.
Data is seasonally adjusted. Also, figures are in ‘current’ $s (i.e., inflation has not been taken into account).

Data source: Statistics Canada Table 20-10-0078-01/Chart: ConstructConnect — CanaData.