{"id":153067,"date":"2025-09-18T17:25:10","date_gmt":"2025-09-18T17:25:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/153067\/"},"modified":"2025-09-18T17:25:10","modified_gmt":"2025-09-18T17:25:10","slug":"canadian-consumers-are-buying-less-including-on-credit-cards-data-shows-national","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/153067\/","title":{"rendered":"Canadian consumers are buying less, including on credit cards, data shows &#8211; National"},"content":{"rendered":"<p>\t\t\tDescrease article font size<\/p>\n<p>\t\t\tIncrease article font size<\/p>\n<p>The back-to-school shopping rush did little to get Canadians spending more money as <a href=\"https:\/\/globalnews.ca\/tag\/consumer-spending\" target=\"_blank\" rel=\"noopener nofollow\">consumer spending<\/a> declined in August, cardholder data from the Royal Bank of Canada shows.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/09\/1758044768_711_70c8fc80.png\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>While core retail sales \u2013 a measure that does not include spending on vehicles and gas \u2013 rose 0.4 per cent in August, total spending declined 2.2 per cent, the RBC report said on Tuesday.<\/p>\n<p>Core retail sales were weaker compared with July, when they rose by 1.1 per cent.<\/p>\n<p>\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/09\/1758044768_914_national.jpg\" alt=\"For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.\"\/><\/p>\n<p>\t\t\t\t\tGet breaking National news<\/p>\n<p>For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.<\/p>\n<p>\u201cMost major spending categories saw growth\u2014but slower\u2014apart from clothing purchases, which accelerated. Travel spending dipped 0.1% seasonally adjusted on a three-month average,\u201d the report said.<\/p>\n<p>\u201cThe ongoing contraction in gasoline spending\u2014continuing on a three-month average basis since the elimination of the consumer carbon tax this spring\u2014has been a significant driver of this trend,\u201d RBC economist Rachel Battaglia said in the report.<\/p>\n<p>\n\t\tTrending Now\n\t<\/p>\n<p>\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11432894\/charlie-kirk-killing-trump-obama\/\" class=\"c-posts__inner\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-posts__thumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/09\/1758216310_72_fba97b2857c694b53a05de19e876381e56d510ba94334012ea3d63c193116cff.jpg\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/><\/p>\n<p>\n\t\t\t\t\tObama warns U.S. in \u2018dangerous moment\u2019 citing Charlie Kirk killing, Trump\n\t\t\t<\/p>\n<p>\t\t\t<\/a><\/p>\n<p>\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11433031\/d4vd-singer-body-missing-teen-tesla\/\" class=\"c-posts__inner\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-posts__thumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/09\/1758216310_919_d4vd-tesla-body.jpg\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/><\/p>\n<p>\n\t\t\t\t\tDecomposed body found in singer D4vd\u2019s impounded Tesla IDed as missing teen\n\t\t\t<\/p>\n<p>\t\t\t<\/a><\/p>\n<p>Story continues below advertisement<\/p>\n<p>Canadians are also spending less money using their credit cards, another report showed.<\/p>\n<p>Monthly credit card expenses in Canada have dropped 17 per cent to $1,336 over the last two years, a report by data analytics firm J.D. Power and Associates shows.<\/p>\n<p>The drop in spending is not limited to credit card use.<\/p>\n<p>Cardholders report that their debit and cash spending have also declined since 2023, the report said.<\/p>\n<p class=\"c-promo \">\n\t\t\t\t<a class=\"c-promo__link\" href=\"https:\/\/globalnews.ca\/news\/8820620\/inflation-calculator-interactive-personal-finances\/\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" class=\"c-promo__image\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/09\/inflation-calc-banner-small.gif\" width=\"640\" height=\"160\" alt=\"\"\/><br \/>\n\t\t\t\t<\/a>\n\t\t\t<\/p>\n<p>\n\t\t\tMore on Canada<br \/>\n\t\t\tMore videos\n\t\t<\/p>\n<p>\n\t\t&amp;copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"Descrease article font size Increase article font size The back-to-school shopping rush did little to get Canadians spending&hellip;\n","protected":false},"author":2,"featured_media":153068,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[17755,45,49,48,1849,13235,10262,46,3608],"class_list":["post-153067","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-affordability","tag-business","tag-ca","tag-canada","tag-consumer","tag-consumer-spending","tag-cost-of-living","tag-economy","tag-recession"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/153067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=153067"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/153067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/153068"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=153067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=153067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=153067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}