Canadian Retail Sales Up 0.8% in August

Statistics Canada reported today that Retail Sales rose by 0.8 percent in August to $34.5 billion (USD$32.9 billion) due largely to an increase in gasoline prices and new car sales. Without gasoline and car sales included in the total, retail sales would have registered only a 0.4 percent increase.

Yahoo News

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.