HomeLive CommentsCanada retail sales rose 0.4%, ex-auto sales dropped -0.1%

Canada retail sales rose 0.4%, ex-auto sales dropped -0.1%

Canada retail sales rose 0.4% mom in July, to CAD 51.5B, matched expectations. Higher sales were reported in 6 of 11 subsectors representing 71% of retail trade. Ex-auto sales, on the other hand, dropped -0.1% mom, below expectation of 0.2% mom. Provincially, retail sales were up in six provinces, with the largest increases observed in Ontario and, to a lesser extent, the Prairie provinces.

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