Canada’s May Retail Sales Exceed Expectations at 0.8%, Surpassing Projected 0.6%: A Positive Sign for the Canadian Economy
Canadian Retail Sales Data Disappoints Expectations Prior Data Revised Slightly Downward In a surprising turn of events, the latest Canadian retail sales data has shown a slight decrease from previous expectations. The prior figure, originally reported at +0.7%, has been revised downward to +0.6%. Excluding autos, sales showed an even steeper decline, coming in at…