Friday, January 22, 2010

Retail sales in Canada fell by 0.3% in November

Retail sales in Canada fell in November to 0.3% to $ 35.2 billion, interrupting the growth, which lasted for the past three months. Data completely coincided with expectations of economists.

The main factor of incidence rate began dwindling sales of winter clothing, which is associated with unusually warm for this season's weather, established throughout Canada.

At the same time sales have declined in five of the eight sectors of retail trade. Falling sales in clothing and accessories at 3,6% was the most significant since September 2002.

Sales in the automotive sector declined in November to 0.2%.

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