Canada January retail sales -0.3% vs -0.4% expected ...Middle East

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Canada January retail sales -0.3% vs -0.4% expected
source : forex live ( Middle East ) () 28
Prior month +1.4%The January advance estimate was -0.6%Ex autos +0.5% vs -0.4% expectedPrior month ex auto +0.6% Ex auto and gas +0.4%Sales were up in 6 of 9 subsectorsAdvance February retail sales +0.1%Full reportThere was a large decrease in motor vehicle and parts dealers (-2.4%), which recorded their first decline in five months. Otherwise, this is a surprising show of strength from Canadian consumers and USD/CAD has ticked lower. This article was written by Adam Button at www.forexlive.com.

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