Open Demo Account
Home / Market Update / Canadian Retail Sales Rise in September

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.

Tags

Check Also

Oil slides over 2% as U.S. push for Russia-Ukraine talks and rate angst sap risk appetite

Oil fell for a third straight session on Friday, with traders bracing for looser supply …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends