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“Retail sales increased  2.0% in May to $50.8  billion, following a  0.9% decline in April,” Statistics Canada reported today.

Key quotes from the official publication

  • Sales rose in 8 of 11 subsectors, representing 70% of retail trade.
  • Higher sales at motor vehicle and parts dealers and at gasoline stations were the main contributors to the gain in May. Excluding these two subsectors, retail sales were up 0.9%.
  • After removing the effects of price changes, retail sales in volume terms increased 2.0%.