Canada retail sales rose 0.7% mom in Nov, to drop -2.1% mom in Dec

Canada retail sales rose 0.7% mom to CAD 58.1B in November, below expectation of 1.0% mom. The increase was led by higher sales at gasoline stations (+4.9%), building material and garden equipment and supplies dealers (+3.0%) and food and beverage stores (+1.0%). Sales increased in 6 of 11 subsectors, representing 63.8% of retail trade. Core […]

The post Canada retail sales rose 0.7% mom in Nov, to drop -2.1% mom in Dec appeared first on Action Forex.