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Mar 22, 2024 · Core retail sales excluding gas stations and autos rose 0.4 per cent and sales volumes were up 0.2 per cent, marking the second consecutive monthly increase, Statistics Canada said. Solovieva said stronger-than-expected core retail sales point to solid momentum in spending, with TD’s internal data indicating a slight acceleration in February on the back of services spending.
4 days ago · Canadian spending showed signs of slowing in July. While retail sales excluding autos continued to rise, the pace was slower than in June. Spending on discretionary services slipped a bit in July. The early summer travel boom is losing momentum with both real and nominal spending slightly below March peak levels.
Jul 19, 2024 · Shoppers in Montreal, Quebec. (Christinne Muschi/Bloomberg) (Bloomberg) -- Canadian consumers likely continued to tighten their belts in June after a sharp spending pullback in May, marking a weak first half of the year for retail sales in the country. Receipts for retailers fell 0.3% in June, according to an advance estimate from Statistics ...
Mar 7, 2024 · This rebalancing period is expected to continue in 2024 with Oxford Economics forecasting retail sales to decline year- over-year by -0.6%. Ultimately this will put capturing and maintaining consumer attention into sharper focus for brands in the year ahead with 64% of respondents in Salesforce’s State of Commerce survey indicated that meeting customer expectations is harder than ever ...
Jun 21, 2023 · The data agency reported Wednesday that retailers took in $65.9 billion in April. That's an increase of 1.1 per cent from March's level. Just about every type of store booked higher sales during ...
Jul 21, 2023 · Statistics Canada says retail sales rose 0.2 per cent to $66.0 billion in May, helped by gains at new car dealers and grocery stores. However, the figure fell short of the agency’s early ...
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Jul 21, 2023 · In volume terms, retail sales increased 0.1%. "This data suggests that the economy is slowing in line with the Bank of Canada's forecasts," Tiago Figueiredo, an economist at Desjardins, said in a ...
