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Canada January retail gross sales -0.3% vs -0.4% anticipated

  • Prior month +1.4%
  • The January advance estimate was -0.6%
  • Ex autos +0.5% vs -0.4% anticipated
  • Prior month ex auto +0.6%
  • Ex auto and gasoline +0.4%
  • Advance February retail gross sales +0.1%

There was a big lower in motorcar and components sellers (-2.4%), which recorded their first decline in 5 months.

This text was written by Adam Button at www.forexlive.com.

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