Retail Sales QoQ measures the change in the total value of inflation-adjusted sales at the retail level on a quarterly basis. It is a primary indicator of consumer spending, which accounts for the majority of overall economic activity in most developed nations. A higher-than-expected reading is typically seen as positive for the currency, as it suggests robust domestic demand and contributes significantly to GDP growth.
The indicator is calculated by aggregating monthly retail sales data over a three-month period and comparing the total to the previous quarter. The data is seasonally adjusted to remove the effects of predictable calendar shifts and holiday shopping patterns.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 31, 2025 | 0.30 | — | — |
| May 2, 2025 | 0.00 | — | — |
| Feb 3, 2025 | 1.00 | — | — |
| Jul 31, 2024 | -0.30 | — | — |
| Feb 6, 2024 | 0.30 | — | — |
