Statistics Canada says retail sales down 0.6 per cent in January at $69.4B
- Retail sales in Canada decreased by 0.6 percent to $69.4 billion in January, according to Statistics Canada.
- Sales in the auto sector dropped significantly, with motor vehicle and parts dealers declining by 2.6 percent.
- Core retail sales, excluding gasoline and vehicle sales, fell by 0.2 percent in January.
- Statistics Canada indicates a preliminary estimate for February shows a possible decline in retail sales of 0.4 percent.
25 Articles
25 Articles
Statistics Canada says retail sales down in January as shoppers reined in spending
OTTAWA — Retail sales fell 0.6 per cent to $69.4 billion in January as sales in the auto sector moved lower, Statistics Canada said.
Canada's retail sales decreased by 0.6% to $69.4 billion in January, due in part to a decline in sales in the automotive sector, Statistics Canada said.
Retail sales fall 0.6% in January as holiday bump fades and tariff concerns grow - Mortgage Rates & Mortgage Broker News in Canada
After a strong surge in holiday shopping, Canadian consumers eased off the spending pedal in January as economic headwinds—including ongoing tariff uncertainty—tempered demand.
Canada’s Retail Sales Down 0.6% in January at $69.4B: StatCan
Statistics Canada says retail sales fell 0.6 percent to $69.4 billion in January as sales in the auto sector moved lower. The agency says sales at motor vehicle and parts dealers dropped 2.6 percent for the month as sales at new car dealers fell 3.2 percent and automotive parts, accessories and tire retailers saw a 2.8 percent decline.
Canada January retail sales fall 0.6%; seen down 0.4% in February
March 21 (Reuters) – Canadian retail sales fell by 0.6% in January from December at C$69.36 billion ($48.42 billion), as lower sales at motor vehicle and parts dealers were not offset by higher sales at gasoline and fuel vendors, Statistics Canada said on Friday. Sales likely declined 0.4% in February, the agency said in a flash estimate. In January, sales were down in three of nine subsectors, representing 51.9% of retail trade. In volume terms…
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