- Following a 2.2% increase in May, Canadian retail sales edged down 0.2% in June to $50.7 billion
Market news
22 August 2018
Following a 2.2% increase in May, Canadian retail sales edged down 0.2% in June to $50.7 billion
Sales were down in 6 of 11 subsectors, representing 52% of total retail trade.
Lower sales at gasoline stations and motor vehicle and parts dealers more than offset higher sales at food and beverage stores and building material and garden equipment and supplies dealers. Excluding the first two subsectors, retail sales were up 0.3%.
After removing the effects of price changes, retail sales decreased 0.3%.
On a quarterly basis, retail sales were up 1.0% in the second quarter following a 0.5% decrease in the first quarter. In volume terms, retail sales increased 0.9% in the second quarte
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