Canada Retail a little worse than expected
Canada Retail Sales are lower than expectations coming in at +0.3% versus +0.5% expectations. The core measure that excludes autos fell by -0.2% (exp -0.1%). Higher auto sales due to discounting contributed to the gains.
Month on month changes are below:
Automotive 0.5%
Gas stations -2.8%
Furn/electronics -0.2%
Building supplies -0.6%
Food & beverage 0.9%
Supermarkets 0.9%
Pharmacies 0.5%
Clothing -0.5%




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