Canada: Retail Sales Edged Lower in November but Poised to Increase in December

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Canada: Retail Sales Edged Lower in November but Poised to Increase in December 

Retail sales edged lower by 0.1% month-on-month (m/m) in November, a better outturn than Statistics Canada’s advance estimate for a 0.5% drop. Adjusting for the impact of inflation, the volume of sales was down 0.4% on the month. Statistics Canada’s advance estimate for December indicates a 0.5% m/m gain. Our internal card spending data also […]

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Source: Canada: Retail Sales Edged Lower in November but Poised to Increase in December