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- Canadian retail sales increased for the third consecutive month in March, rising 0.6% to $50.2 billion
Canadian retail sales increased for the third consecutive month in March, rising 0.6% to $50.2 billion
Higher sales at motor vehicle and parts dealers more than offset lower sales at food and beverage stores and gasoline stations.
Sales were up in 6 of 11 subsectors, representing 53% of retail trade. Excluding sales at motor vehicle and parts dealers, retail sales were down 0.2% in March.
After removing the effects of price changes, retail sales in volume terms increased 0.8%.
Following a 2.0% increase in sales in February, motor vehicle and parts dealers (+3.0%) were again the largest contributor in dollar terms to the increase in March. New car dealers (+3.3%) accounted for the majority of the gain, although all store types in this subsector reported increases.
Clothing and clothing accessories stores (+2.5%) posted higher sales in March, following a decrease in February. For the first time since November 2017, sales increased at all store types in this subsector.
Receipts at general merchandise stores (+1.0%) rose for the fifth time in six months.
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