Forecast: Retail Trade Sales in Canada

The forecast for retail trade sales in Canada from 2024 to 2028 shows no variation, maintaining a constant growth rate of 2.62% per year as a change on the previous period. This consistency suggests that the sector is stable, without expected drastic fluctuations. As of 2023, sales were growing at the same pace, indicating steady market conditions.

Future trends to watch for include:

  • The impact of technological advancements and online retail on traditional retail sales figures.
  • Shifts in consumer behavior due to potential economic changes or global events.
  • Policy changes affecting trade and commerce, which could alter the retail landscape.

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