Retail sales in Canada declined by 1.2% in April

In April 2018, retail sales in Canada fell by 1.2% compared to March, when their growth was 0.8%, to 49 billion 546 million Canadian dollars, according to the statistics of the country. Analysts had expected a zero change in the indicator. Compared with the same month last year, sales increased by 1.6%. Sales excluding cars fell by 0.1% to 36 billion 363 million Canadian dollars. In annual terms, the indicator grew by 2.2%. According to another report of Statistical Agency of Canada, the annual inflation for May remained at the level of April at 2.2. Compared to the previous month, consumer prices increased by 0.1%.

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