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FX.co ★ Canadian Core Retail Sales Accelerate in March, Signaling Stronger Consumer Momentum

Canadian Core Retail Sales Accelerate in March, Signaling Stronger Consumer Momentum

Canada’s core retail sales strengthened in March 2026, pointing to firmer consumer demand as the economy moves through the first quarter. Month-over-month, core retail sales rose 1.4%, up sharply from February’s 0.6% gain, according to data updated on 22 May 2026.

The figures, measured on a month-over-month basis, compare the change in March to February, while the previous reading reflected the change in February relative to January. The acceleration suggests consumers increased their spending pace in March, potentially providing a more supportive backdrop for overall economic activity heading into the spring.

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