RSS Canada: Retail Sales flat in November, But Likely to Remain a Key Driver of Real Consumption in Q4

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 RSS Canada: Retail Sales flat in November, But Likely to Remain a Key Driver of Real Consumption in Q4

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Retail sales were flat month-over-month (m/m) in November, right in line with the Statistics Canada’s advance estimate. In real terms, however, sales declined by 0.4% m/m. Sales at motor vehicle and parts dealers were up by 2.0% m/m, building on October’s strong gains of 2.4% m/m. Ex-autos, sales were down 0.7% m/m, falling short of […]

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