HomeLive CommentsCanada retail sales rose 0.3% mom in Jul, missed expectations

Canada retail sales rose 0.3% mom in Jul, missed expectations

ActionForex
By ActionForex

Canada retail sales rose 0.3% mom to CAD 66.1B in July, below expectation of 0.4% mom. Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were up 1.3% mom. In volume terms, retail sales was down -0.2% mom.

Advance estimate suggests that sales declined -0.3% mom in August.

Full Canada retail sales release here.

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