Due to rising gasoline prices, Canadian retail sales increased for the fifth consecutive month in May. Preliminary estimates indicate that retail sales will further increase in June. Statistics Canada reported on Thursday that retail sales in May rose by 1.0% year-over-year, in line with market expectations. Core retail sales excluding automobiles and gasoline grew by 0.9%, reversing the 0.7% decline in April.
Due to rising gasoline prices, Canadian retail sales increased for the fifth consecutive month in May. Preliminary estimates indicate that retail sales will further increase in June. Statistics Canada reported on Thursday that retail sales in May rose by 1.0% year-over-year, in line with market expectations. Core retail sales excluding automobiles and gasoline grew by 0.9%, reversing the 0.7% decline in April.
智通财经2026/07/23 14:31Show original
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Due to rising gasoline prices, Canada's retail sales increased for the fifth consecutive month in May. Preliminary estimates indicate that retail sales will continue to rise in June. Statistics Canada reported on Thursday that retail sales in May rose 1.0% year-on-year, in line with market expectations. Excluding autos and gasoline, core retail sales increased by 0.9%, reversing April's 0.7% decline.
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