Retail sales in Canada grew by 0.6% in March

In March 2018, retail sales in Canada increased by 0.6% to 50 billion 238 million Canadian dollars, compared with February, when their growth was 0.5%, according to the country's statistics. Analysts had predicted an increase of 0.3%. Sales growth in annual terms was 4.1%. Excluding automobiles, retail sales grew by 3.7% year-on-year. According to another statistical data of Canada, the annual inflation in the country in April was 2.2% after 2.3% in March. Analysts had expected a 2.3% rise in consumer prices. Compared with March, consumer prices in April increased by 0.3%, which coincided with the forecasts of analysts.

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