Canada October retail sales +0.3% vs +0.5% expected

Author: Adam Button | Category: News

Canada October retail sales

  • Prior was +0.2%
  • Ex autos 0.0% vs +0.2% expected
  • Prior ex autos +0.1%
  • Ex autos and gas +0.4%
  • Sales up in 5 of 11 subsectors

Separately, Canada October GDP +0.3% vs +0.2% expected.

  • Growth in 15 of 20 industrial sectors
  • Manufacturing +0.7%, almost fully offsetting Aug and Sept losses
  • Wholesale trade +1.0%
  • Construction activity down for fifth consecutive month
  • Service producing industries +0.3%, strongest since May



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