Canada's retail sales keep rising in July

  • World
  • Saturday, 19 Sep 2020

OTTAWA, Sept. 18 (Xinhua) -- Canada's retail sales rose 0.6 percent to 52.9 billion Canadian dollars (about 40 billion U.S. dollars) in July due to higher sales at motor vehicle and parts dealers and gasoline stations, according to Statistics Canada on Friday.

Core retail sales fell 1.2 percent on lower sales at building material and garden equipment and supplies dealers as well as at food and beverage stores.

Overall, the recovery in total retail sales has been V-shaped, with sales in June and July, respectively, rebounding from the record low observed in April. However, with the gradual resumption of business activities across the country, retail sales in June and July, respectively, were able to recover and surpass February's pre-COVID-19 pandemic levels.

Retail sales in volume terms were up 0.4 percent in July.

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