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Higher sales at gas stations as prices rise boost retail sales in March
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Higher sales at gas stations as prices rise boost retail sales in March
Retail sales rose 0.9 per cent to $72.7 billion in March as higher gas prices boosted overall sales for the month, Statistics Canada said on Friday. Sales at gas stations and fuel vendors rose 12.4 per cent as the attack on Iran by the U.S. and Israel drove oil and gas prices higher, the agency said. In volume terms, sales for the subsector fell 1.9 per cent for the month. “The war-driven price shock is leaving a mark on Canadian consumers, who …
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