Canadian retail sales fell in March on weaker demand for cars and clothes, Statistics Canada said Thursday.
Retail sales in March declined 0.1% to 41.07 billion Canadian dollars ($37.63 billion), or weaker than market expectations for a 0.3% gain, according to economists at Royal Bank of Canada.
In volume terms, sales fell 0.2%.
Excluding motor vehicle and auto parts sales, retail sales climbed 0.1%, to C$31.66 billion.
On a year-over-year basis, retail sales rose 3.9%.
via Nasdaq
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