Canadian retail sales rose 0.4% in September, with food and beverage sales leading the gain.

Canadian retail sales increased by 0.4% in September, reaching $66.9 billion, driven by a 3% rise in food and beverage sales, particularly in supermarkets and grocery stores. Core retail sales, excluding fuel and automotive dealers, increased by 1.4%. Retail sales volume rose by 0.8%. An advance estimate suggests a 0.7% increase in October, though it may be revised.

November 22, 2024
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