Canada Canada Retail Sales Tier 1 filed

Canada Retail Sales: March 2025

Fri, May 23, 2025 · 8:30 AM ET Source Next release · Oct 23, 8:30 AM ET
canada-retail-sales-march-2025-1.png

Canadian retail sales rose 0.8% MoM to $69.8 billion in March, driven by a 4.8% MoM increase at motor vehicle and parts dealers.

  • Sales were up 0.9% MoM in volume terms and 1.2% QoQ in Q1 2025 (+0.2% in volume).
  • Core retail sales (ex-gas and autos) increased 0.2% MoM, led by building materials and clothing/accessory stores (both +2.6% MoM), while general merchandise fell -2.7% MoM.
  • Sales at gasoline stations dropped -6.5% MoM (-2.6% in volume), with gas prices down -1.6% YoY.
  • Retail e-commerce sales fell -2.1% MoM to $4.2B, now 6.0% of total sales (down from 6.2%).
  • Quebec saw the strongest provincial growth (+1.6%), while Manitoba posted the largest decline (-1.6%).
  • The advance estimate for April suggests a further 0.5% MoM increase in retail sales.
canada-retail-sales-march-2025-2.png