Retail sales down in October after three straight increases: StatsCan
OTTAWA - Statistics Canada says retail sales edged down 0.1 per cent in October to $40.7 billion following three consecutive monthly gains.
The agency says lower sales at motor vehicle and parts dealers were not entirely offset by gains in food and beverage stores.
Sales declined in four of 11 subsectors representing 41 per cent of retail trade.
The largest contributor to the decrease in dollar terms was a 1.9 per cent decline in sales at motor vehicle and parts dealers.
Sales rose at food and beverage stores, specialty food stores, electronics and appliance stores, general merchandise stores, department stores, building supply stores and garden stores.
Lower sales were recorded in seven provinces in October.
Read more Business News
- Garneau talks to veteransKelowna - 8:45 am
- Water AdvisoryCentral Okanagan
- Castanet's week in reviewKelowna - 5:00 am
- 'Hurricane' Carter dies at 76Canada - 8:04 am
|QHR Technologies Inc||1.29||+0.07|
|Anavex Life Sciences||0.375||0.00|
|Copper Mountain Mining||2.35||-0.07|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.25||+0.02|
With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...
How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...
The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...