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Scotiabank Previews Friday's Retail Sales in Canada
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Scotiabank Previews Friday's Retail Sales in Canada
Feb 21, 2025 5:56 AM

08:16 AM EST, 02/21/2025 (MT Newswires) -- The North America session will be focused on Canada with retail sales due out at 8:30 a.m. ET Friday, said Scotiabank.

Canadian retail sales are expected to be strong for December based on Statistic Canada's advance 'flash' guidance that pointed to a 1.6% month-over-month seasonally adjusted nominal gain, noted the bank.

Investors will get the final revised estimate and details like volumes that should leave solid Q4 gains intact, plus the preliminary estimate for January, added Scotiabank.

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