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Canada August retail sales -0.1% versus -0.3% expected

Prior month +0.3% (revised to +0.4%)The August advanced estimate last month was for a 0.3% declineEx autos +0.1% vs 0.0% expectedPrior month ex auto +1.0%Ex autos and gas -0.3%Sept advanced estimate 0.0%August y/y sales % vs +2.0% priorSales ex autos y/y vs +0.4% priorSales were down in six of nine subsectors and were led by decreases at motor vehicle and parts dealers (-0.9%). Gasoline stations +2.8% were a big boost due to higher prices. That will reverse in October as cracks have come in.USD... Read More

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Canada

August

Retail

Sales

Versus

Expected

Forex

Posted: Oct 20 2023, 12:30

Author Name: forexlive

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