Statistics Canada Reports Retail Sales up 0.5 per Cent at $73 Billion in April

Statistics Canada reports retail sales up 0.5 per cent at $73 billion in April

OTTAWA - Retail sales rose 0.5 per cent to $73 billion in April, pushed higher by sales at gas stations and auto dealers, Statistics Canada said on Friday.

Retail sales rise 0.5% in April on higher spending at gas stations, auto dealers

Core retail sales fell 0.7% as purchases at food and beverage retailers dropped

Canadian Retail Sales Rose 0.5% in April but Consumer Spending Remains Strained

A pump-driven surge at gas stations and a run of strong auto sales pushed Canadian retail trade up 0.5% to $73 billion in April, but the headline figure obscures a deteriorating picture beneath the surface, with core spending falling for the second month running. Strip out gas stations and auto dealers and the numbers look […]

Canada Retail Sales Rose 0.5% in April, but Core Spending Fell as Fuel Did the Lifting

Canada retail sales rose 0.5% in April to C$73.03 billion, but core sales excluding gas and autos fell 0.7%, pointing to softer underlying consumer demand.

Fuel boosts retail sales growth to $73 billion in April: Statistics Canada

The largest increase in retail sales in April was observed at gasoline stations and fuel vendors (+5.1%). The post Fuel boosts retail sales growth to $73 billion in April: Statistics Canada appeared first on Retail Insider.

Canada Retail Sales Rise 0.6%, But Core Spending Remains Weak - ActionForex

Canada’s retail sales rose 0.5% mom to CAD 73.0B in April, slightly below expectation of 0.6% mom, and marking a modest recovery in consumer spending. The increase was driven largely by higher sales at gasoline stations and fuel vendors, reflecting elevated fuel prices during the month. Sales increased in five of nine subsectors, suggesting spending […] The post Canada Retail Sales Rise 0.6%, But Core Spending Remains Weak appeared first on Acti…