Economic Indicators

Canada October retail sales up 0.6% on autos; seen flat in November

2024.12.20 09:10

Dec 20 (Reuters) – Canadian retail sales grew by 0.6% in October from September at C$67.58 billion ($46.99 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely unchanged in November, the agency said in a flash estimate.

In October, sales were up in five of nine subsectors, representing 52.6% of retail trade. In volume terms, retail sales were unchanged.

(Percent changes) Oct Oct Sep(rev) Sep(prev)

mo/mo yr/yr mo/mo mo/mo

Total (EPA:) +0.6 +1.5 +0.6 +0.4

Excluding autos/parts +0.1 +0.7 +1.1 +0.9

NOTE: All figures are seasonally adjusted.

© Reuters. FILE PHOTO: People shop at the Eaton Centre in Toronto, Ontario, Canada November 22, 2022.  REUTERS/Carlos Osorio/File Photo

($1=$1.4382 Canadian)



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