- Analytics
- News and Tools
- Market News
- Canadian retail sales increased 0.3% in January to $49.9 billion
Canadian retail sales increased 0.3% in January to $49.9 billion
General merchandise stores were the largest contributors to the increase.
Sales were up in 7 of 11 subsectors, representing 63% of retail trade. Excluding sales at motor vehicle and parts dealers, retail sales increased 0.9%.
After removing the effects of price changes, retail sales in volume terms rose 0.1% in January.
Sales at general merchandise stores were up 2.3% in January, following a decline in December.
Electronics and appliance (+4.0%), clothing and clothing accessories (+2.1%) and furniture and home furnishings (+3.4%) stores also contributed to the increase in January, following declines in all three subsectors in December.
Sales at motor vehicle and parts dealers were down 1.2%, largely due to lower sales in British Columbia and Quebec. Results were mixed among store types, as sales at new car dealers (-1.6%) and used car dealers (-3.0%) fell, while sales at other motor vehicle dealers (+1.7%) and automotive parts, accessories and tire stores (+3.2%) increased.
© 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
