- Analytics
- News and Tools
- Market News
- Canadian retail sales slide by 0.5% in September
Canadian retail sales slide by 0.5% in September
Statistics Canada released retail sales data on Friday. Canadian retail sales plunged by 0.5% in September, missing expectations for a 0.2% gain, after a 0.5% increase in August.
The decline was mainly driven by lower sales at gasoline stations. Sales at gasoline stations declined 3.7% in September.
Motor vehicle and parts sales decreased 0.5% in September, while sales at furniture and home furnishings stores were down 1.2%.
Sales at food and beverage stores were up 0.1% in September.
Sales fell in 8 of 11 subsectors.
Canadian retail sales excluding automobiles dropped 0.5% in September, missing expectations for a 0.2% decline, after a flat reading in August.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
