Sept 20 (Reuters) – Canadian retail sales grew by 0.9% in July from June at C$66.38 billion ($48.95 billion), led by higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. Sales were likely up 0.5% in August, the agency said in a flash estimate.
In July, sales were up in seven of nine subsectors, representing 84.6% of retail trade. In volume terms, retail sales increased 1.0%.
(Percent changes) Jul Jul Jun(rev) Jun(prev)
mo/mo yr/yr mo/mo mo/mo
Total +0.9 +0.9 -0.2 -0.3
Excluding autos/parts +0.4 +0.8 +0.3 +0.3
NOTE: All figures are seasonally adjusted.
($1=$1.3561 Canadian)
(Reporting by Dale Smith)
Keywords: CANADA ECONOMY/RETAIL