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Ontario Leads Canada-Wide Retail Decline as Auto Sales Drop
Retail sales fell 0.7% to $69.8 billion in September, driven by a 2.9% drop in motor vehicle and parts dealers, while food and beverage retailers posted gains.
- Statistics Canada reported a 0.7% decline in retail sales to $69.8 billion in September, driven by a 2.9% drop in motor vehicle and parts dealer sales.
- Motor vehicle and parts dealers saw a 3.6% decline in new car sales, the largest decrease among subsectors.
- Retail sales fell the most in Ontario at 1.2% due to the auto sector decline, while gas stations enjoyed a 1.9% increase.
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18 Articles
Retail sales declined in September and the first indications suggest stagnation in October, approaching the crucial holiday buying period.
·Montreal, Canada
Read Full ArticleBCREA: RETAIL SALES DOWN IN SEPTEMBER
BRITISH COLUMBIA – Canadian retail sales decreased by 0.7 per cent to $69.8 billion in September compared to the previous month. Compared to the same time last year, retail sales were up by 3.4 per cent. Furthermore, core retail sales, which exclude gasoline and automobile items, were relatively unchanged month-over-month. In volume terms, adjusted for rising prices, retail sales decreased by 0.8 per cent in September. Retail sales rose 0.2 per …
Coverage Details
Total News Sources18
Leaning Left8Leaning Right0Center3Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 27%
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