Canada retail sales rise in April, May slowdown expected amid trade ...
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Canada: Retail Sales Rise in April But Q2 Outlook Remains Murky - Action Forex
As expected, consumers continued front-load vehicle purchases in anticipation of price increases that are likely to come due to tariffs. However, core sales may be an early signal of broader consumer hesitancy in the face of trade policy headwinds. According to a supplementary by Statistics Canada survey, 36% of retail businesses reported being affected by trade tensions in April. The most commonly cited impact included price increases, change i…
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