Oct 23 (Reuters) – Canadian retail sales grew by 1.0% in August from July at C$70.40 billion ($50.30 billion), on higher sales at motor vehicle and parts dealers, Statistics Canada said on Thursday. Sales likely decreased 0.7% in September, the agency said in a flash estimate.
In August, sales were up in six of the nine subsectors, representing 80.1% of retail sales. In volume terms, retail sales increased by 1.0%.
(Percent changes) Aug Aug Jul(rev) Jul(prev)
mo/mo yr/yr mo/mo mo/mo
Total +1.0 +4.9 -0.7 -0.8
Excluding autos/parts +0.7 +4.5 -1.1 -1.2
NOTE: All figures are seasonally adjusted.
($1=$1.3997 Canadian)
(Reporting by Dale Smith)
Keywords: CANADA ECONOMY/RETAIL
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