Canada retail sales down -1.4% mom in March

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Canada retail sales down -1.4% mom in March

Canada retail sales decreased -1.4% mom to CAD 65.3B in March, slightly worse than expectation of -1.3% mom. Sales decreased in 5 of the 9 subsectors, representing 55.5% of retail trade, led by decreases at motor vehicle and parts dealers (-4.4%) and gasoline stations and fuel vendors (-3.9%). Core retail sales--which exclude gasoline stations and […]

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