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Canada retail sales March -1.4% versus -1.4% expected

Prior month -0.2%Advanced flash estimate for April 0.2%Ex autos -0.3% versus -0.8% expectedprior ex autos came in at -0.7%The advanced retail sales report for March (released last month) was for a loss of -1.4%In March, retail sales in Canada dropped by 1.4% to $65.3 billion due to decreases in 5 out of 9 subsectors, which represents 55.5% of retail trade. The decline was led by a 4.4% drop in sales at motor vehicle and parts dealers and a 3.9% drop at gasoline stations and fuel vendors. However... Read More

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Content Topics

Canada

Retail

Sales

March

Versus

Expected

Forex

Posted: May 19 2023, 12:30

Author Name: forexlive

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