Full analysis: Will Canada August retail sales rise at least 1.0%?

Event Details

Statistics Canada releases the data at 20:30 Beijing time on October 23; its advance estimate indicated a 1.3% monthly increase. Opening 68%: the official 1.3% advance estimate is clearly above the line, but its 57.8% early response rate and retail-data revision risk prevent a higher probability. Yes if the first August retail trade release shows seasonally adjusted current-dollar total sales up 1.0% or more from July; below is No. Unadjusted commodity sales, volumes and revisions do not count.