HomeLive CommentsCanada retail sales rose 2.1% mom in Aug, to fall -1.9% mom...

Canada retail sales rose 2.1% mom in Aug, to fall -1.9% mom in Sep

ActionForex
By ActionForex

Canada retail sales rose 2.1% mom to CAD 57.2B in August, slightly above expectation of 2.0% mom. The gain was led by higher sales at food and beverage stores (+4.8%), gasoline stations (+3.8%), and clothing and clothing accessories stores (+3.9%). Sales increased in 9 of 11 subsectors. Based on preliminary data, sales has decreased -1.9% mom in September.

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