Statistics Canada reports that Canadian retail sales increase 0.6% in June, reaching $74.3 billion. The gain is supported by higher spending at general merchandise retailers, where sales jump 2.7%, according to the figures reported by multiple outlets.
Outlets also note that the June increase is based on a preliminary picture for the broader retail sector. While the June results show modest growth, Business in Vancouver adds that Statistics Canada’s preliminary estimate for July points to a potential decline. The reports focus on the headline change and the contribution from general merchandise, with limited additional detail beyond the national totals.
