Statistics Canada Reports Retail Sales Up 0.5 Per Cent To $73B In April
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5 Articles
The increase in auto sales has boosted retail sales in the country.
Retail sales increased by 0.5% to $73.0 billion in April, mainly due to higher sales at service stations and car dealers, according to Statistics Canada.
In volume, sales in this subsector increased by 0.8% in April. The post Retail sales increased by 0.5% in April in Canada appeared first on Les Affaires.
Statistics Canada Reports Retail Sales Up 0.5 Per Cent To $73B In April
Statistics Canada says retail sales rose 0.5 per cent to $73.0 billion in April, helped higher by increased sales at gas stations and auto dealers. The agency says sales were up in five of the nine subsectors it tracks, as higher prices helped lift sales at gasoline stations and fuel vendors 5.1 per cent for the month. In volume terms, sales for the subsector rose 0.8 per cent in April. Sales at motor vehicle and parts dealers also gained 1.7 pe…
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