Tag Archives: Canadian economy

Canadian retail sales rose by 0.5% in December from November at C$62.12 billion ($46.19 billion), on higher sales at motor vehicles and parts dealers, as well as general merchandise stores, Statistics Canada said on Tuesday. Sales were seen to rise by 0.7% in January, the agency said in a flash …

Retail Sales in Canada, for October, unexpectedly surged, however, the USD/CAD pair is trading in negative territory, holding slightly above 1.3600. Retail Sales in Canada rose by 1.4% on a monthly basis in October following September’s 0.6% decline, the data published by Statistics Canada revealed on Tuesday. The latest reading …

The negative market mood erased Tuesday’s relative optimism. This sentiment has benefited the American Dollar on Wednesday, which extended its latest rally against major rival currencies.The trading day witnessed the release of fresh inflation reports that reminded traders of the high risk of a looming global recession.The EUR/USD pair finished …

Statistics Canada will release September Consumer Price Index data on Wednesday, October 19 at 12:30. Following is the expectations by economists from and researchers of seven major banks regarding the upcoming Canadian inflation data.Headline inflation reading is expected to fall two ticks to 6.8% year-on-year, while Core inflation, which excludes …

The Unemployment Rate in Canada declined to 5.2% in September from 5.4% in August with the Net Change in Employment coming in at 21.1K, slightly better than the market expectation of 20K, the data published by Statistics Canada showed. The Canadian dollar managed to stay resilient against the greenback, which …

Statistics Canada reported on Friday that the Unemployment Rate in Canada rose to 5.4% in August from 4.9% in July. This reading came in worse than the market expectation of 5%. Further details of the publication revealed that the Net Change in Employment was -39.7K, compared to the market expectation …

The Unemployment Rate in Canada stayed unchanged at 4.9% in July. The USD/CAD pair posts strong daily gains above 1.2950 after the economic data.The Unemployment Rate in Canada was virtually unchanged at 4.9% in July, Statistics Canada reported on Friday. This reading came in slightly better than the market expectation …

Statistics Canada said the annual inflation rate in Canada accelerated to 8.1% in June, the highest level since January 1983, mainly due to higher gasoline prices. The Federal Agency said that fuel price was the largest contributor to the increase in the overall rate, as the price of motor gasoline …

The Canadian consumer price index (CPI) surged 8.1 per cent in June from a year earlier, up from 7.7 per cent in May, Statistics Canada said on Wednesday. It was the highest inflation rate since 1983. Canada’s inflation soared to its highest rate in nearly forty years in June, although …

Statistics Canada will release June Consumer Price Index (CPI) data on Wednesday, July 20 at 12:30, and forecasts by the economists from six major banks regarding the upcoming Canadian inflation data shed light on the awaited reading.The June Canada inflation rate is expected to rise by +0.9% MoM from +1.4% …