Canada’s retail sales falls -0.3% mom in Jan, led by motor vehicle and parts dealers

Canada’s retail value fell -0.3% mom to CAD 67.0B in January, smaller than expectation of -0.4% mom decline. Sales were down in three of nine subsectors and were led by decreases at motor vehicle and parts dealers (-2.4% mom) Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were up 0.4% […]

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