Canada retail sales for February -0.4% versus -0.4% estimate ...Middle East

Prior month -0.6%Retail sales -0.4% versus -0.4% estimateIn volume terms, retail sales decreased 0.4% in February.Ex auto +0.5% versus -0.4% estimate. Prior month revised from +0.2% to +0.1%The advanced report for March show a gain of 0.7% in March.Retail sales decreased in seven provinces in February. The largest provincial decrease in dollar terms was observed in Quebec (-0.9%), marking its second consecutive monthly decline. In the Montréal census metropolitan area (CMA), sales were down 2.5%

Sales were down in four of nine subsectors and were led by decreases at motor vehicle and parts dealers

Motor Vehicle and Parts Dealers:

All four store types within this subsector saw declines.

Automotive parts, accessories, and tire retailers also fell by -1.6%.

Sales increased by +0.3% in February, marking the fifth consecutive monthly gain.

Core retail sales ex Auto details:

Increased +0.5% in February.

Sales rose +2.8%, driving much of the core retail growth.

Beer, wine, and liquor retailers contributed with a +2.3% increase.

Sales were up +1.2% in February.

Experienced the largest decline among core retail categories with a -2.9% decrease

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about canada retail sales for february 0 4 versus 0 4 estimate was published today ( Friday 25/04/2025 - 03:42 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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