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

Dollar Near 2-Month High as Iran Tensions and Hot ISM Data Keep Rate Hike Fears Alive: Yen Hovers at 160 Danger Zone

Key Takeaways Dollar holds near peak: The DXY was little changed in Asian trading after …