Retail sales in Canada have risen for the sixth consecutive month

0
630
Retail sales in Canada have risen for the sixth consecutive month

Retail sales in Canada have risen 1.1 per cent to $42.6 billion in June, the sixth consecutive month showing growth. Sales rose by 4.7 per cent over the past six months as compared to the same period last year, and 4.8 per cent for the month of June as compared to the same month last year, the best number seen since October 2013. In terms of volume, sales rose by 0.6 per cent in June.

Gains were shown in eight out of 11 subsectors, or 71 per cent of the retail trade. Food and beverage stores saw a sales increase of 1.3 per cent in June. Supermarkets and grocery stores saw the same increase after seeing a sales decline in May.

LEAVE A REPLY

Please enter your comment!
Please enter your name here