Canadian retail sales rise for fourth month in a row

1 hour ago 3
Retail sales gains were led by gasoline stations and fuel vendors.Retail sales gains were led by gasoline stations and fuel vendors. Photo by Alain JOCARD / AFP via Getty Images

Article content

Retail trade in Canada ticked up by 0.5 per cent in April, led by gains at gasoline stations and fuel vendors.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

The data, released by Statistics Canada on Friday morning, showed sales in this subsector rose by 5.1 per cent.

Article content

Article content

Sales at motor vehicle and parts dealers also posted gains, with sales up 1.7 per cent in April following a 0.1 per cent decline in March, led by increased sales at new car dealers.

Article content

Article content

In volume terms, retail sales were unchanged in April following a 0.6 per cent decline in March.

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

This is the fourth consecutive monthly increase in retail sales and Statistics Canada estimates they rose again in May by one per cent, though this figure may be revised.

Article content

However, core retail sales — which exclude gasoline stations and fuel vendors as well as motor vehicle and parts dealers — fell by 0.7 per cent. This is the second consecutive monthly decline, led by lower sales at food and beverage retailers and general merchandise retailers.

Article content

Article content

Advertisement 1

Read Entire Article