Economic Indicators
Canada August retail sales up 0.4% on autos; seen up 0.4% in September
2024.10.25 08:57
Oct 25 (Reuters) – Canadian retail sales grew by 0.4% in August from July at C$66.63 billion ($48.11 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.4% in September, the agency said in a flash estimate.
In August, sales were up in four of nine subsectors, representing 52.2% of retail trade. In volume terms, retail sales increased 0.7%.
(Percent changes) Aug Aug Jul(rev) Jul(prev)
mo/mo yr/yr mo/mo mo/mo
Total +0.4 +1.4 +0.9 +0.9
Excluding autos/parts -0.7 -0.4 +0.3 +0.4
NOTE: All figures are seasonally adjusted.
($1=$1.3850 Canadian)
