“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.