Canada retail sales rose a stronger-than-expected 0.9% mom in March to CAD 72.7B, beating expectations of a 0.5% increase. The headline gain was driven largely by gasoline stations and fuel vendors, where sales surged 12.4% during the month as higher oil prices linked to the Middle East conflict pushed fuel costs sharply higher. However, underlying […]
The post Canada Retail Sales Jump on Higher Fuel Prices, Underlying Demand Still Soft appeared first on ActionForex.
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