- Canadian retail sales climbed at a faster-than-expected pace in February
Noticias del mercado
23 abril 2013
Canadian retail sales climbed at a faster-than-expected pace in February
Canadian
retail sales climbed at a faster-than-expected pace in February, marking the
best back-to-back monthly performance since the fall of 2011, Statistics Canada
said Tuesday.
In volume
terms, however, sales were flat, which means the February advance was largely
due to higher prices, in particular for gasoline.
The data
agency said retail sales rose 0.8% to 39.55 billion Canadian dollars ($38.54
billion), which beat expectations for a 0.3% gain among traders, according to
economists at Royal Bank of
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