Canadian Manufacturing

Canadian retail sales up 0.4% in July, first increase in three months

The Canadian Press

Canadian Manufacturing
Sales & Marketing

Economists had expected an increase of 0.6%

OTTAWA—Statistics Canada says retail sales rose 0.4% in July to $51.5 billion, the first increase in three months.

Economists had expected an increase of 0.6%, according to financial markets data firm Refinitiv.

Statistics Canada says sales were up in six of the 11 subsectors it tracks representing 71% of retail trade.

Motor vehicle and parts dealers reported sales climbed 1.5% in July, boosted by higher sales at new car dealers.


The miscellaneous store retailer category rose 1.7%. boosted by a 14.3% increase at cannabis stores as sales at cannabis stores topped $100 million for the first time.

Building materials and garden equipment and supplies dealers saw sales fall 3.2%.


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