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Canada: Retail Sales Bounced Back in August, Pointing to a Resilient Q3

Reported · Written up by our desk · Major Pairs

Retail sales bounced back in August, pointing to a resilient Q3. Retail sales rose 1.2% month-on-month (m/m) in August, only slightly below Statistics Canada’s advance estimate for 1.3%. Sales were equally strong in volume terms, up 1.2% m/m. Sales at motor vehicle and parts dealers rebounded by 1.2% m/m, following a decline in July. New […] The post Canada: Retail Sales Bounced Back in August, Pointing to a Resilient Q3 appeared first on ActionForex .

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