Statistics Canada says retail sales down 0.6 per cent in January at $69.4B

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.

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…

Statistics Canada says retail sales down 0.6 per cent in January at $69.4B

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Y Media Business & Wealth Report: Retail sales declined in January as consumers cut back on spending, reports Statistics Canada - South Asian Daily

OTTAWA – Retail sales declined by 0.6% in January, amounting to $69.4 billion, as the auto sector experienced weaker performance. Consumer spending pulled back more than anticipated after a strong December, reflecting a cautious start to the year, economist Maria Solovieva noted. She suggested that part of the drop may be linked to the federal government’s temporary tax relief, which contributed to lower prices. Sales at motor vehicle and parts …

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.