2025.12.1913:30:00UTC+00Canada's Core Retail Sales Slip Further, Registering a Decline in October

In an update that suggests prevailing challenges in consumer spending, Canada reported a deeper contraction in its core retail sales for October 2025, with figures released showing a month-over-month decline of -0.6%. This marks a further slip from the previous month's drop of -0.1% reported for September 2025.

The current decline in the core retail sales indicates an extension of the trend observed between September and October, signifying caution among consumers against the backdrop of broader economic pressures. These figures, updated as of December 19, 2025, underscore the potential strains on household budgets and changing consumer priorities that continue to influence the retail landscape.

As Canadian retailers assess the implications of these numbers, the market will be looking for signs of stabilization or recovery in the coming months. For now, the focus remains on understanding the underlying drivers of this downturn, as businesses and policy-makers contemplate strategies to bolster consumer confidence and spending in the approaching holiday season.