RCC Insights- Merchants Reported a Solid December, a Weak January, and an Improving February
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
Read MoreThe following commentary is an excerpt of the report covering the period of December 2023-February 2024.
Read MoreCanada’s retail industry is expected to experience pre-pandemic spending levels, Moneris Data Predicts.
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
Retail Council of Canada (RCC) and Moneris Data Services have teamed up to provide the retail industry with Canadian credit and debit spending data and consumer insights that will help the industry more easily identify consumer behaviour and spending trends at the national and provincial levels.
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
As part of our latest partnership with the Retail Council of Canada (RCC) we are pleased to present this excerpt of their latest retail sentiment report, which has been Powered by Moneris® Data Services.
The “Big Game” is a highly anticipated event for the food and beverage industry. Moneris spending data shows that spending is up across the sector, including an increase of 30% at bars, compared to the same event last year.
Let’s look at some Moneris data to understand the consumer spending trends this Valentine’s Day.
Higher Interest Rates Have Induced a Change in Consumer Spending Behaviour
Al's conversation with Sohaib Shahid Director, Economic Innovation, The Conference Board of Canada
Many fans across Canada either tuned in at home or turned out to celebrate at bars and restaurants. Moneris Data shows that for all of Canada, bar and restaurant spend was up over 10%.