off-the-wire

Canada September retail sales up 0.4% on food; seen up 0.7% in October

Kitco Media
By Reuters
Published:
Updated:
Reuters
Canada September retail sales up 0.4% on food; seen up 0.7% in October teaser image

Nov 22 (Reuters) - Canadian retail sales grew by 0.4% in September from August at C$66.94 billion ($47.82 billion), led by higher sales at food and beverage retailers, Statistics Canada said on Friday. Sales were likely up 0.7% in October, the agency said in a flash estimate.
In September, sales were up in six of nine subsectors, representing 58.1% of retail trade. In volume terms, retail sales increased 0.8%.

(Percent changes) Sep Sep Aug(rev) Aug(prev)

mo/mo yr/yr mo/mo mo/mo

Total +0.4 +0.8 +0.4 +0.4
Excluding autos/parts +0.9 +0.3 -0.8 -0.7
NOTE: All figures are seasonally adjusted.
($1=$1.3999 Canadian)
(Reporting by Dale Smith)

Keywords: CANADA ECONOMY/RETAIL

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.