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Canada: Retail sales edged up 0.2% to $50.9 billion in September

“Retail sales edged up 0.2% to $50.9 billion in September following a relatively flat August,” Statistics Canada announced on Friday.  

Key takeaways from the press release

  • Excluding gasoline stations, retail sales rose 0.4%.
  • Sales were up in 6 of 11 subsectors, representing 75% of retail trade.
  • After removing the effects of price changes, retail sales in volume terms increased 0.5%.
  • Retail sales were up 0.9% in the third quarter following a 1.1% gain in the second quarter.
  • In volume terms, retail sales increased 0.4% in the third quarter.

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