Canadian retail sales edged down in November amid a broad consumer spending pull back.
The Ottawa Sun Headline NewsEmail AddressBy clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up.
Core retail sales, which exclude gasoline stations and motor vehicle and parts dealers, dropped 1.1 per cent — the largest decline in 11 months. “Retail sales came in better than expected in November, with the headline decrease helped by higher prices as volumes posted a larger drop.” The decrease was led by lower sales at building material and garden equipment and supplies dealers, down 3.8 per cent from the previous month, and food and beverage stores, down 1.6 per cent.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian wholesale sales rose 0.5% month over month in November to $83.8-billionStatistics Canada says wholesale sales were boosted by the motor vehicle and motor vehicle parts and accessories subsector and the machinery, equipment and supplies group
Read more »
Canadian retail sales fell 0.1 per cent to $61.8 billion in NovemberStatistics Canada says retail sales dropped 0.1 per cent to $61.8 billion in November.
Read more »
Canadian retail sales jump, offsetting November losses - BNN BloombergCanadian consumers remained resilient in December, even in the face of elevated inflation and rising interest rates.
Read more »
Canadian retail sales fell 0.1 per cent to $61.8 billion in NovemberCanadian retail sales edged down in November amid a broad consumer spending pull back.
Read more »
Canadian-based start-up robotics vending machine lands at YVR – Canadian InvestorCanadian-based start-up robotics vending machine lands at YVR CanadiansInvest
Read more »
Sales of vehicles, parts hit record high in November wholesale data: StatCan - National | Globalnews.caStatistics Canada says wholesale sales were boosted by the motor vehicle and motor vehicle parts and accessories subsector and the machinery, equipment and supplies group.
Read more »