Canada retail sales rose 0.2% mom in May, missed expectations

Canada retail sales rose 0.2% mom to CAD 66.0B in May, below expectation of 0.5% mom. Sales increased in five of nine subsectors and were led by increases at motor vehicle and parts dealers (+0.8%) and food and beverage retailers (+1.0%). Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were unchanged […]

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