Canada's retail sales rose for a fifth consecutive month in May, helped by higher gasoline prices, Statistics Canada said; sales were up 1.0% YoY, in line with estimates. A preliminary estimate indicates retail sales will rise further in June. Core r

2026-07-23

Canada's retail sales rose for a fifth consecutive month in May, helped by higher gasoline prices, Statistics Canada said; sales were up 1.0% YoY, in line with estimates. A preliminary estimate indicates retail sales will rise further in June. Core retail sales excluding autos and gasoline increased 0.9% in May, reversing April's 0.7% decline.