Retail sales increased in March - Action News
Home WebMail Sunday, November 24, 2024, 12:56 AM | Calgary | -12.4°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Business

Retail sales increased in March

Canadian retail sales increased 2.1 per cent to $37 billion in March, the fourth consecutive monthly gain.

4th consecutive monthly gain largely due to vehicle and auto part sales

Canadian retail sales increased 2.1 per cent to $37 billion in March, the fourth consecutive monthly gain.

Two shoppers browse an aisle inside a Wal-Mart Supercentre. Canadian retail sales increased for the fourth consecutive month in March.

"Higher sales at motor vehicle and parts dealers were the main contributor to the gain," Statistics Canada said Friday.

In volume terms, sales were 2.2 per cent higher. Sales increased ineightof11retail subsectors during the month, but a 3.6 per cent rise in sales of motor vehicles and auto partsaccounted formost to the gain.

Gas stations registered their 11th consecutive gain, at 2.3 per cent.

Sales increased in all provinces, butNewfoundland and Labrador had the highest growth rate among the provinces in March, with a 3.1 per centrise in sales.