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

European Stocks Edge Up as Israel-Lebanon Ceasefire Revives Iran Peace Hopes: TSMC Bullish on AI Demand

Key Takeaways Modest gains: The Stoxx 600 rose 0.1%, Germany’s DAX ticked up 0.2%, France’s …