off-the-wire

Canada August retail sales up 0.4% on autos; seen up 0.4% in September

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada August retail sales up 0.4% on autos; seen up 0.4% in September teaser image

Oct 25 (Reuters) - Canadian retail sales grew by 0.4% in August from July at C$66.63 billion ($48.11 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.4% in September, the agency said in a flash estimate.

In August, sales were up in four of nine subsectors, representing 52.2% of retail trade. In volume terms, retail sales increased 0.7%.

(Percent changes) Aug Aug Jul(rev) Jul(prev)
mo/mo yr/yr mo/mo mo/mo
Total +0.4 +1.4 +0.9 +0.9
Excluding autos/parts -0.7 -0.4 +0.3 +0.4
NOTE: All figures are seasonally adjusted.
($1=$1.3850 Canadian)
(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/RETAIL

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