Canada retail sales rose 0.7% mom to CAD 61.8B in August, much better than expectation of 0.2% mom rise. Sales increased in 6 of 11 subsectors, representing 65% of retail trade. Excluding gasoline stations and motor vehicle and parts, sales also rose 0.9% mom, large increase since march.
In volume terms retail sales were up 1.1% mom.
Based on advance estimate, dales decreased -0.5% mom in September.
