Home / Market Update / Canada: Retail Sales Rose in August

Canada: Retail Sales Rose in August

Retail Sales in Canada rose by 2.1% on a monthly basis in August, the data published by Statistics Canada showed on Friday. This reading followed July’s contraction of 0.6% and came in slightly better than the market expectation for an increase of 2%.

Check Also

Gold Prices Rally as Dollar Weakens Amid Cooling Labor Market and Geopolitical Tensions

In the realm of precious metals, gold emerged as the shining star in Asian trade …