OTTAWA, Aug 23 (Reuters) - Canada's retailsales dropped in June, data showed on Friday, as consumers continued to feel the impact of high interest rates and cut back on discretionary purchases.
Canadian retail sales grew by 0.9% in July from June, eclipsing forecasts for a gain of 0.6%, while a preliminary estimate showed sales up 0.5% in August.
USD/CAD: Canadian Dollar Eyes Retail Sales Ahead of BoC By Kenny Fisher - Jul 19, 2024 1 The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3709, up 0.04% on ...
An advance estimate of retail receipts indicates sales increased 0.6% in July from the month before, Statistics Canada said Friday. That would mark the strongest rise since last December and ...
Retailsales dropped in June as Canadians continued to grapple with high interest rates. Statistics Canada said Friday that retailsales fell 0.3 per cent to $65.7 billion that month, led by ...
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