Canada July retail sales up 0.9% on autos; seen up 0.5% in August

Sept 20 (Reuters) - Canadian retail sales grew by 0.9% in July from June at C$66.38 billion ($48.95 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.5% in August, the agency said in a flash estimate.

In July, sales were up in seven of nine subsectors, representing 84.6% of retail trade. In volume terms, retail sales increased 1.0%.

($1=$1.3561 Canadian)

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Reuters

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Canada July retail sales up 0.9% on autos; seen up 0.5% in August

By Reuters

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