🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Canada November retail sales down 0.2% on groceries; seen up 0.8% in December

Published 2024-01-19, 09:32 a/m
© Reuters. FILE PHOTO: People walks inside Yorkdale Shopping Centre as the city enters the first day of a renewed coronavirus lockdown due to a spike in cases in Toronto, Ontario, Canada November 23, 2020.  REUTERS/Carlos Osorio/File Photo

Jan 19 (Reuters) - Canadian retail sales fell by 0.2% in November from October at C$66.61 billion ($49.36 billion), led by decreases at food and beverage retailers, as well as general merchandise stores, Statistics Canada said on Friday. Sales were likely up 0.8% in December, the agency said in a flash estimate.

In November, sales were down in four of nine subsectors, representing 43.5% of retail trade. In volume terms, retail sales decreased 0.2%.

(Percent changes) Nov Nov Oct(rev) Oct(prev)

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

Total -0.2 +1.8 +0.5 +0.7

Excluding autos/parts -0.5 +0.1 +0.4 +0.6

NOTE: All figures are seasonally adjusted. Analysts surveyed by Reuters forecast November retail sales to be unchanged, and to be down 0.1% excluding autos.

© Reuters. FILE PHOTO: People walks inside Yorkdale Shopping Centre as the city enters the first day of a renewed coronavirus lockdown due to a spike in cases in Toronto, Ontario, Canada November 23, 2020.  REUTERS/Carlos Osorio/File Photo

($1=$1.3494 Canadian)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.