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Canadian Retail Sales Rise in September

M. Ali 20 November, 2020 7:27 pm Market Update

Canadian retail sales increased by 1.1% to $53.9 billion in September, data by Statistics Canada showed on Friday.

This is the fifth consecutive monthly increase in Canadian retail sales.

The surge in retail sales also exceeded market expectations of a 0.2% rise.

Data further showed that retail sales rose across 9 of the 11 market sectors.

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