Retail sales rose 1.0% month-over-month in May, in line with Statistics Canada’s advance estimate. In terms of volume, retail trade rose 0.3% month-on-month, indicating a recovery in underlying demand. Car and spare parts dealers recorded an increase of 0.7% m/m, driven by higher sales at new car dealers (+0.5% m/m). Receipts at petrol stations (…)
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