OTTAWA, Aug 23 (Reuters) - Canada's retail sales dropped in June, data showed on Friday, as consumers continued to feel the impact of high interest rates and cut back on discretionary purchases.
Statistics Canada said Friday that retail sales rebounded to 0.9 per cent to $66.4 billion in July, helped by stronger new car sales.
USD/CAD: Canadian Dollar Eyes Retail Sales Ahead of BoC By Kenny Fisher - Jul 19, 2024 1 The Canadian dollar is calm on Friday. In the European session, USD/CAD is trading at 1.3709, up 0.04% on ...
Trendex forecasts a 0.9% rise in Canadian e-commerce sales in 2024, with a 6.1% increase projected from 2023-2027 with ...
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs.
Sales grew 0.6% in July, versus 23% in June ... Week Ahead: Investors Brace For Retail Sector Earnings; Dollar Could Correct By Pinchas Cohen - May 22, 2022 2 Walmart, Target earnings are leading ...