OTTAWA — Retail sales rose 0.6 per cent to $67.6 billion in October, led by increases in vehicle sales, said Statistics Canada on Friday.
Core retail sales, which exclude the often volatile categories like gasoline stations, fuel vendors and motor vehicle and parts dealers, rose a more modest 0.2 per cent.
The modest growth outside of automotive sales and the forward outlook point to a slowdown, said CIBC senior economist Andrew Grantham in a note.
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