Retail sales in Canada fell by 0.3% in January

117300

In January, Canadian retail sales declined by 0.3% on a monthly basis, after a similar decline in January, reaching 50 billion 87 million Canadian dollars. This statistical office data came as a surprise to experts who had expected retail growth of 0.4%. The index has been falling for the past three months. Annual retail sales rose 1.1%. Retail sales excluding automobiles increased by 0.1% in monthly terms and by 0.6% in annual terms. According to another statistical office, annual inflation in Canada accelerated in February to 1.5% from the January value of 1.4%. Economists had expected the figure to remain at 1.4%. Consumer prices compared with January increased by 0.7% with analysts' had predicted an increase by 0.6%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: