The result beat the agency's early estimate for the month, which had suggested a gain of 0.7 per cent in January
OTTAWA — Canadian retail sales rose in January, a sign of consumer strength even as inflation continued to push prices higher.
But Statistics Canada said its initial estimate for February points to a 0.6 per cent decline for the month. "As such, we continue to expect consumer spending to slow significantly in the second half of this year as this headwind intensifies and the labour market slows," she said. Sales at beer, wine and liquor retailers were up 2.3 per cent, convenience retailers and vending machine operators recorded a six per cent increase in sales and sales at specialty food retailers climbed 3.3 per cent.
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