Canada Jul. retail sales up 0.9% on autos
Retail sales edged up in July, but economists say it will take further interest rate cuts to really spark lasting activity.
OTTAWA, Aug 23 (Reuters) - Canada's retail sales dropped in June, data showed on Friday, as consumers continued to feel the impact of high interest rates and cut back on discretionary purchases.
An advance estimate of retail receipts indicates sales increased 0.6% in July from the month before, Statistics Canada said Friday. That would mark the strongest rise since last December and ...
Retail sales dropped in June as Canadians continued to grapple with high interest rates. Statistics Canada said Friday that retail sales fell 0.3 per cent to $65.7 billion that month, led by ...
Trendex forecasts a 0.9% rise in Canadian e-commerce sales in 2024, with a 6.1% increase projected from 2023-2027 with ...