Canada August Retail Sales MoM: Bullish for CAD

Statistics Canada released the August retail sales month-over-month data on September 19, 2025. The actual figure was -0.8%, with no consensus forecast provided; the previous reading was also -0.8%.Definition: Retail sales measure the total value of goods sold by businesses primarily engaged in retail activities, excluding service sector fees. Market impact: If the reported figure exceeds expectations, it is considered bullish for the Canadian dollar.This indicator carries an importance rating of 3. The monthly rate is calculated by monitoring changes in sales revenue among retail businesses. Data is published monthly, with the next release scheduled for November 21, 2025.

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