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Canada: Retail Sales rise by 1.1% in June

Adel 19 August, 2022 4:46 pm Breaking News, Forex Market, Market Update

Retail Sales in Canada rose by 1.1% on a monthly basis in June following May’s increase of 2.3% (revised from 2.2%), the data published by Statistics Canada revealed on Friday. This reading came in better than the market expectation for a growth of 0.3%.

Further detail of the publication revealed that Retail Sales in July are expected to decline by 0.2%.

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