Economic Indicators
Canada June retail sales down 0.3% on autos; seen up 0.6% in July
2024.08.23 09:14
Aug 23 (Reuters) – Canadian retail sales fell by 0.3% in June from May at C$65.73 billion ($48.37 billion), led by lower sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.6% in July, the agency said in a flash estimate.
In June, sales were down in four of nine subsectors, representing 50.4% of retail trade. In volume terms, retail sales increased 0.1%.
(Percent changes) Jun Jun May(rev) May(prev)
mo/mo yr/yr mo/mo mo/mo
Total -0.3 +0.2 -0.8 -0.8
Excluding autos/parts +0.3 +1.3 -1.2 -1.3
NOTE: All figures are seasonally adjusted.
($1=$1.3589 Canadian)
