Canada: Retail Sales Decline in March, But February’s Reading Revised Up

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Canada: Retail Sales Decline in March, But February's Reading Revised Up

Retail sales fell by 1.4% month-on-month (m/m) in March in line with the Statistics Canada’s advanced estimate. However, February’s print was revised up to a flat reading from an originally reported loss of 0.2%. Adjusting for the impact of inflation, the volume of retail sales was 1.0% lower on the month. The decline in today’s […]

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Source: Canada: Retail Sales Decline in March, But February's Reading Revised Up