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Statistics Canada says retail sales rose 1.1% in June to $63.1B

Statistics Canada says retail sales rose 1.1% in June to $63.1B

BNN Bloomberg
Friday, August 19, 2022 04:57:01 PM UTC

Statistics Canada says retail sales increased 1.1 per cent to $63.1 billion in June, boosted by higher sales at gasoline stations and motor vehicle and parts dealers.

Higher prices helped lift sales at gasoline stations 3.9 per cent for the month even as sales at gasoline stations in volume terms fell 1.3 per cent.

Meanwhile, sales at motor vehicle and parts dealers gained 1.8 per cent in June, boosted by a 2.9 per cent gain at new car dealers.

Core retail sales -- which exclude gasoline stations and motor vehicle and parts dealers -- rose 0.2 per cent.

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