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Retail Sales in Canada Increased 3.6% in March
CAD/CHF, currency, CAD/JPY, currency, GBP/CAD, currency, NZD/CAD, currency, AUD/CAD, currency, Retail Sales in Canada Increased 3.6% in March The volume of retail sales in Canada in March, according to official statistics, amounted to 57.6 billion US dollars. Compared to the previous month, the indicator in value terms increased by 3.6%. In real terms, sales growth was 3.2%. The main contribution to the growth of the indicator was made by the sale of building materials, garden equipment and equipment, clothing and accessories. At the same time, sales of food products and beverages decreased in March. According to the results of the first three months of this year, the volume of sales in the retail sector in value terms increased by 1.8% compared to the fourth quarter of last year. In real terms, the growth was 0.5%. Retailers continued to experience difficulties, as local authorities imposed restrictions in several regions of the country due to new cases of coronavirus infection. It is reported that in March there was a period when 2.1% of all retail outlets were closed in the country. According to a preliminary estimate from Statistics Canada, retail sales declined 5.1% in ...
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