Retail sales rose 1.0% month-on-month (m/m) in August, matching Statistics Canada’s advanced estimate. After adjusting for inflation, the volume of retail sales increased 1.0% m/m. The gain was led by auto sales, with sales up 1.8% m/m, driven by a 2.3% surge at new car dealers. Receipts at gas stations and fuel vendors fell 2.0%, […]
The post Canada: Retail Sales Rebound in August, But September Flash Estimate Points to Decline appeared first on Action Forex.
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