Canada’s retail sales rises 0.9% mom, 7 of 9 subsectors grow

Canada’s retail sales rose 0.9% mom to CAD 66.4B in July, well above expectation of 0.5% mom. Sales were up in seven of nine subsectors, led by increases at motor vehicle and parts dealers. In volume terms, sales were also up 1.0% mom. Advance estimate suggests that sales increased 0.5% mom in August. Full Canada […]

The post Canada’s retail sales rises 0.9% mom, 7 of 9 subsectors grow appeared first on Action Forex.