The Canadian retail sector experienced a drop in sales during July after seven months of gains. Sales dropped by 0.1 per cent to $42.5 billion, according to Statistics Canada.
General merchandise sales fell by 2.7 per cent to $5.3 billion as clothing and accessories stores experienced a 2.3 per cent drop to $2.3 billion. Purchases across all industries excluding motor vehicles dropped by 0.6 per cent. Meanwhile, economists had predicted that there would be little to no change.
