Retail sales declined 0.7% month-on-month (m/m) in September, matching Statistics Canada’s advanced estimate. After adjusting for inflation, the volume of retail sales dropped 0.8% m/m. Auto sales were the key swing factor in September, falling 2.9% m/m. Receipts at gas stations and fuel vendors rose for the first time in three months, up 1.9% m/m, […]
The post Canada: Retail Sales Decline in September, Signal a Weak Start to the Holiday Season appeared first on Action Forex.
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