- Canadian retail sales rose 0.3% to $50.9 billion in July on higher sales at food and beverage stores and gasoline stations
Market news
21 September 2018
Canadian retail sales rose 0.3% to $50.9 billion in July on higher sales at food and beverage stores and gasoline stations
Excluding the lower sales at motor vehicle and parts dealers, retail sales increased 0.9%.
Sales were up in 8 of 11 subsectors, representing 54.8% of total retail sales.
After removing the effects of price changes, retail sales in volume terms decreased 0.1%.
Sales at food and beverage stores rose 1.3% in July. The gain was led by higher receipts at supermarkets and other grocery stores (+1.2%). Sales at beer, wine and liquor stores (+1.5%) and convenience stores (+3.3%) increased for the fifth consecutive month.
Sales at gasoline stations rose 1.9%, largely stemming from higher prices at the pump as sales in volume terms were relatively unchanged in July.
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