Home / Breaking News / Canada: Retail Sales Rise by 18.7% in May vs. 20% Expected

Canada: Retail Sales Rise by 18.7% in May vs. 20% Expected

Monthly data released by Statistics Canada on Tuesday revealed that Canada’s retail sales rose 18.7% in May to $ 41.8 billion.
This reading came after a 19.1% increase in May’s advanced estimates, and slightly worse than the 20% market forecast.

Check Also

Pound Under Pressure: Why the Dollar Holds the Edge Below 1.3300

The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk …