Statistics Canada says retail sales fell 0.5% to $61.1 billion in September led by a drop in sales at gas stations along with food stores.
However, the agency says its initial estimate for October pointed to a gain of 1.5% for the month, though it cautioned the figure would be revised.As the Canadian national soccer teams head to their respective FIFA World Cups, Derek Van Diest will be on the scene to cover all the action. Expect expert insights and analysis in your inbox every Tuesday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Sales at food and beverage stores dropped 1.3% in September, as supermarkets and grocery store sales fell 1.6% and convenience stores lost 1.5%. Sales at building material and garden equipment and supplies dealers fell 2.0%. Core retail sales — which exclude sales at gasoline stations and motor vehicle and parts dealers — fell 0.4% in September.Share this Story:
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