Home / Breaking News / Canada: Retail Sales rise by 0.9% in April vs. 0.8%

Canada: Retail Sales rise by 0.9% in April vs. 0.8%

The monthly data published by Statistics Canada showed on Tuesday that Retail Sales in Canada rose by 0.9% in April to C$60.72 billion. This print came in better than the market expectation for an increase of 0.8% and followed March’s expansion of 0.2% (revised from 0%).

The publication further revealed that Retail Sales are expected to grow by 1.6% in May.

Check Also

Bitcoin Set for Weekly Gains Despite Cautious Trade on Mixed U.S.-China Signals

Bitcoin edged higher on Friday, adding to strong weekly gains after earlier optimism that U.S. …