25-April-2026
Economy News
 
Canada February Retail Sales up 0.7%; Seen up 0.6% in March
25-Apr-2026

Canadian retail sales rose 0.7% in February from January to C$72.06 billion ($52.68 billion) on higher sales at motor vehicle and parts dealers, Statistics Canada said on Friday. In January, retail sales were up 1.1% on a monthly basis. Retail sales, which include domestic sales of cars, furniture, food and gasoline, are considered an early indicator of gross domestic product growth and contribute around 40% to total consumer spending.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-24/canada-february-retail-sales-up-0-7-seen-up-0-6-in-march