Canada: Retail Sales Rise in November, Boosted by Higher Prices and Improved Gasoline Sales

Following a solid increase in October, retail sales continued to rise in November gaining 0.7% on the month. Looking ahead, the picture appears less bright, with Statistics Canada’s flash estimate projecting a 2.1% decline in December. Higher prices continued to inflate retail sales growth in nominal terms. Stripping away the effect of prices, the volume […]

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