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flag Canadian retail sales rose 1% in August 2025, but a preliminary September drop hints at slowing consumption ahead of a key rate decision.

flag Canadian retail sales rose 1% to C$70.4 billion in August 2025, driven by gains in auto sales, clothing, and supermarkets, with overall sales volume also up 1%. flag Excluding autos, sales still rose 0.7%. flag A preliminary estimate shows a 0.7% drop in September, potentially signaling a consumption slowdown. flag The data comes ahead of the Bank of Canada’s October 29 rate decision, with markets expecting a rate cut.

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