Canada retail sales rise more than expected
Canada retail sales rise more than expected in July; likely up in August
Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales likely climbed further in August, data from Statistics Canada showed on Friday.
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August
Strengthening sales volumes will be welcome news to the Bank of Canada, which has been concerned about downside risks to the economy.
Canada Retail Sales on Pace for Third Quarter Rebound
Canadian retail sales likely rose sharply in August after a solid July gain, indicating a strong rebound after two consecutive quarters of shrinking sales.
Canadian retail sales beat July estimates, seen up further in August
Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales likely climbed further in August, data from Statistics Canada showed on Friday.
CANADA: Retail Sales Watched For Consumer Health Clues
Both retail sales for Jul final/Aug advance and input cost inflation for Aug are released at 0830ET.Barring some particularly large surprises for IPPI, we expect greater focus on the retail data considering the BoC’s desire to see growth improve to help prevent an additional widening in excess
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.
Retail sales up 0.9% in July: StatsCan
Statistics Canada says retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it tracks.
Explainer: What the analysts say about UK retail sales in August
Despite a much-needed summer boost for the fashion sector, as evidenced by August retail sales, industry onlookers are not feeling as optimistic as the UK moves into autumn and consumer concern around their finances grows.
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July retail sales 'positive surprise' but need more rate cuts to persist: analysts
Retail sales edged up in July, but economists say it will take further interest rate cuts to really spark lasting activity.
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Canadian apparel e-commerce sales set to rise: Trendex
Trendex forecasts a 0.9% rise in Canadian e-commerce sales in 2024, with a 6.1% increase projected from 2023-2027 with ...
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Canada Retail Sales MoM
USD/CAD: Canadian Dollar Eyes Retail Sales Ahead of BoC By Kenny Fisher - Jul 19, 2024 1 The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3709, up 0.04% on ...
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Top Canadian Retail Stocks of 2024
Businesses that fall under the retail stocks category include: In Canada, retail stores have had ... If a retailer’s sales aren’t growing, if they’re not selling more and more products ...