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 |
|---|---|---|---|
| Aug 23, 2026 | -0.50 | 0.10 | -0.60 |
| May 21, 2026 | 1.10 | 0.80 | +0.30 |
| Feb 22, 2026 | 1.50 | 0.40 | +1.10 |
| Nov 26, 2025 | 1.20 | 0.80 | +0.40 |
| Aug 24, 2025 | 0.70 | -0.30 | +1.00 |
| May 22, 2025 | 0.40 | 0.70 | -0.30 |
| Feb 23, 2025 | 1.40 | 0.20 | +1.20 |
| Nov 24, 2024 | -0.80 | -0.30 | -0.50 |
| Aug 22, 2024 | -1.20 | -1.00 | -0.20 |
| May 22, 2024 | 0.50 | -0.30 | +0.80 |
| May 22, 2024 | 0.40 | — | — |
| Feb 22, 2024 | -1.70 | -0.10 | -1.60 |
| Nov 23, 2023 | 0.00 | -0.80 | +0.80 |
| Aug 22, 2023 | -1.00 | -2.60 | +1.60 |
| May 23, 2023 | -1.40 | 0.20 | -1.60 |
| Feb 26, 2023 | -0.60 | — | — |
| Nov 24, 2022 | 0.40 | — | — |
| Aug 24, 2022 | -2.30 | — | — |
| May 23, 2022 | -0.50 | — | — |
| Feb 24, 2022 | 8.60 | — | — |
| Nov 22, 2021 | -8.10 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| May 21, 2026 | 0.90 | 1.10 | +0.20 ↑ |
