Skip to main content

Statistics Canada reports retail sales up 0.3% at $66.1 billion in July

Sales at supermarkets and other grocery retailers rose 1.5%
9/21/2023

Statistics Canada says retail sales rose 0.3% to $66.1 billion in July, helped by the strength of sales at supermarkets and grocery stores.

However, the agency says its early estimate for August suggests retail sales fell 0.3% for that month, though it cautioned the figure would be revised.

For July, Statistics Canada says sales at food and beverage retailers gained 1.3% as supermarkets and other grocery retailers, except convenience stores, rose 1.5% and beer, wine and liquor retailers added 1.3%. Sales at general merchandise retailers rose 1.8%.

Meanwhile, sales at motor vehicle and parts dealers fell 1.6%, the first decline in four months, as sales at new car dealers dropped 1.7% and used car dealers lost 3.1%.

Core retail sales which exclude gasoline stations and fuel vendors, and motor vehicle and parts dealers gained 1.3% in July.

In volume terms, retail sales fell 0.2% in July.

Advertisement - article continues below
Advertisement
X
This ad will auto-close in 10 seconds