Statistics Canada says retail sales up 0.7 per cent in August

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OTTAWA –


Statistics Canada says retail sales rose 0.7 per cent to $61.8 billion in August.


However, the company says its preliminary estimate for September suggests retail sales fell 0.5 per cent for that month, although it cautioned the determine could be revised.


Retail sales in August rose in six of the 11 subsectors.


Sales at meals and beverage shops gained 2.4 per cent for the month, whereas sporting items, pastime, e-book and music shops added 5.0 per cent. Sales at motorized vehicle and elements sellers rose 0.6 per cent.


Core retail sales — which exclude gasoline stations and motorized vehicle and elements sellers — elevated 0.9 per cent.


In quantity phrases, Statistics Canada says retail sales gained 1.1 per cent in August.


This report by The Canadian Press was first printed Oct. 21, 2022

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