Statistics Canada reports that retail sales increase 0.5% in April to $73 billion. The gain is attributed to higher sales at several categories, including gas stations and automotive dealers. Sales at gasoline stations and fuel vendors rise by 5% over the period, contributing to the overall monthly improvement. Other retailers reported in the release include auto dealers, which also support the upward movement in total sales. The data reflect the latest monthly snapshot of Canadian consumer spending tracked by the national statistical agency. While the April increase is modest at half a percentage point, the largest cited driver is the jump in fuel-related sales, indicating stronger demand for gasoline and related products during the month. Statistics Canada’s figures are reported on a national basis and are used as a key indicator of changes in retail activity and consumer demand.
Retail sales rise 0.5% to $73 billion in April, Statistics Canada reports
Statistics Canada reports that retail sales increase 0.5% in April to $73 billion. The gain is attributed to higher sales at several categories, including gas stations and automotive dealers. Sales at...
- Retail sales rise 0.5% in April to $73 billion, Statistics Canada says.
- The April increase is supported by higher sales at gas stations and fuel vendors.
- Sales at gasoline stations and fuel vendors increase by 5%.
- Auto dealers also contribute to the overall rise in retail sales.
- Figures are reported by Statistics Canada for the month of April.
OTTAWA — Retail sales rose 0.5 per cent to $73 billion in April, pushed higher by sales at gas stations and auto dealers, Statistics Canada said on Friday. Sales at gasoline stations and fuel vendors were up 5.
16 hours ago
Two East Midlands Railway trains collide near Bedford, leaving at least one dead
A crash involving two East Midlands Railway (EMR) services occurs near Bedford, with emergency services responding at th...
Glasgow Union Street fire spread rapidly through building voids, investigators say
Investigators say the fire on Glasgow’s Union Street develops and spreads through concealed void spaces within the build...
At least 30 die in DRC displacement camp amid growing Ebola concerns
Multiple outlets report at least 30 deaths in the Kigonze displacement camp in northeastern Democratic Republic of Congo...