Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canadian retail sales dipped 0.4% in December, driven by auto and furniture declines, amid mixed consumer spending.

flag Canadian retail sales fell 0.4% in December to C$70.01 billion, slightly better than the expected 0.5% drop, driven by a 1.6% decline in motor vehicle and parts dealers, with new and used car sales both down 1.8%. flag Core sales, excluding autos and gasoline, dropped 0.3%, while building materials and furniture retailers saw significant declines. flag Sales volumes remained flat, and an early January estimate suggests a 1.5% rebound. flag The data reflects mixed consumer spending amid economic uncertainty, with economists noting a modest drag on fourth-quarter GDP.

9 Articles