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  • Canadian retail sales decreased 0.9% to $50.4 billion in November on lower sales at gasoline stations and motor vehicle and parts dealers
Market news
23.01.2019, 13:59

Canadian retail sales decreased 0.9% to $50.4 billion in November on lower sales at gasoline stations and motor vehicle and parts dealers

Excluding these two subsectors, retail sales increased 0.2%.

Sales were down in 6 of 11 subsectors, representing 75% of retail trade.

After removing the effects of price changes, retail sales in volume terms declined 0.4%.

Sales at gasoline stations declined for the third time in four months, decreasing 5.0% in November. The decline was largely attributable to lower prices at the pump. In volume terms, sales were down 1.5%.

Sales at motor vehicle and parts dealers (-1.8%) decreased for the first time in four months. Sales were down in three of the four store types within this subsector, with the largest decline at new car dealers (-1.9%).

Lower sales at food and beverage stores (-0.9%) were attributable to a 1.2% sales decrease at supermarkets and other grocery stores.


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