Canada July retail sales -0.8% vs versus 1.5% expected

  • The advanced July report was +0.7%
  • Prior was +1.5%
  • Ex-autos -1.2% vs -0.7% expected
  • Prior ex-autos +1.9%
  • Advance August report +1.0%

The cardholder data from RBC earlier this week showed headline sales down 2.2% but core sales up 0.4%

This article was written by Adam Button at investinglive.com.