Canada retail sales rise 0.8% mom on autos, underlying momentum weakens

Canada’s retail sales rose by 0.8% mom in March, surpassing expectations of a 0.6% gain. Motor vehicle and parts dealers drove the advance with a strong 4.8% mom rebound. The first quarter posted a solid 1.2% gain in total retail activity, extending the streak of quarterly increases to four. However, the underlying trend was less […]

The post Canada retail sales rise 0.8% mom on autos, underlying momentum weakens appeared first on Action Forex.