Rannella Billy-Ochieng, the economist at Royal Bank of Canada (RBC), notes that Canada’s retail sales were held flat by lower vehicles sales & weaker energy prices as absent price effects, volume increased by 0.4%. “Today’s report had few surprises. As expected, headline sales were weighed down by a decline in gasoline station sales on account of lower energy prices.
Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.
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