{"id":436108,"date":"2026-08-13T01:40:21","date_gmt":"2026-08-12T18:40:21","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/canadian-consumers-continued-spending-through-another-challenging-quarter-rbc-data-436108\/"},"modified":"2026-08-13T01:40:21","modified_gmt":"2026-08-12T18:40:21","slug":"canadian-consumers-continued-spending-through-another-challenging-quarter-rbc-data","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/canadian-consumers-continued-spending-through-another-challenging-quarter-rbc-data-436108\/","title":{"rendered":"Canadian consumers continued spending through another challenging quarter &#8212; RBC data"},"content":{"rendered":"<div>\n<p>Canadian consumers accelerated spending in the second quarter and it wasn&#8217;t just because of higher gasoline prices. RBC says that based on its cardholder data, spending rose 2.4% in the quarter excluding sales at gas stations. Moreover, spending on discretionary goods rose 3.7% from Q1.<\/p>\n<p>&#8220;Household and construction purchases saw its first quarterly gain since mid-2025, coinciding with early signs of renewed homebuyer interest. Spending on clothing and apparel also strengthened after a slow start to the year,&#8221; RBC said.<\/p>\n<p>RBC economists say they&#8217;re optimistic that spending will continue in H2 despite high energy costs.<\/p>\n<\/p>\n<p>As for the World Cup, RBC said there was a significant increase in spending at food and drink vendors over the tournament period. That swelled spending in that category to 12.5% of total cardholder spending, the highest since the survey began in 2018.<\/p>\n<p>Canada next reports retail sales for June on August 21 while the US reports on retail sales this Friday.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Canadian consumers accelerated spending in the second quarter and it wasn&#8217;t just because of higher gasoline prices. RBC says that based on its cardholder data, spending rose 2.4% in the quarter excluding&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436108","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436108"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436108\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}