• Canadian retail sales increased for the third consecutive month in March, rising 0.6% to $50.2 billion

Notícias do Mercado

18 maio 2018

Canadian retail sales increased for the third consecutive month in March, rising 0.6% to $50.2 billion

Higher sales at motor vehicle and parts dealers more than offset lower sales at food and beverage stores and gasoline stations.

Sales were up in 6 of 11 subsectors, representing 53% of retail trade. Excluding sales at motor vehicle and parts dealers, retail sales were down 0.2% in March.

After removing the effects of price changes, retail sales in volume terms increased 0.8%.

Following a 2.0% increase in sales in February, motor vehicle and parts dealers (+3.0%) were again the largest contributor in dollar terms to the increase in March. New car dealers (+3.3%) accounted for the majority of the gain, although all store types in this subsector reported increases.

Clothing and clothing accessories stores (+2.5%) posted higher sales in March, following a decrease in February. For the first time since November 2017, sales increased at all store types in this subsector.

Receipts at general merchandise stores (+1.0%) rose for the fifth time in six months.

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