Forex

Canada January retail gross sales -0.3% vs -0.4% anticipated


  • Prior month +1.4%
  • The January advance estimate was -0.6%
  • Ex autos +0.5% vs -0.4% anticipated
  • Prior month ex auto +0.6%
  • Ex auto and fuel +0.4%
  • Gross sales have been up in 6 of 9 subsectors
  • Advance February retail gross sales +0.1%
  • Full report

There was a big lower in motorized vehicle and elements sellers (-2.4%), which recorded their first decline in 5 months. In any other case, this can be a shocking present of energy from Canadian customers and USD/CAD has ticked decrease.

This text was written by Adam Button at www.forexlive.com.



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