Canada December retail sales up 0.5% on autos, seen up 0.7% in January
Statistics Canada says retail sales rose 0.5 percent to $62.1 billion in December. The federal agency's preliminary estimate for January suggests Canadian consumers continued spending in the new year, with early figures indicating sales increased 0.7 percent last month.
Sales grew in seven of 11 subsectors in December, representing 75.1 percent of retail trade...
Read more...