Retail sales declined by 0.2% month-on-month (m/m) in November, coming in weaker than Statistics Canada’s advance estimate for a flat reading. October’s print was revised slightly to +0.5% m/m from +0.7% m/m. Adjusted for inflation, the volume of retail sales reported a loss of 0.2% in November, reversing course from last month’s robust 1.0% m/m […]

The post Canada: November Retail Sales Surprise to the Downside, But Expect a Rebound in December appeared first on Action Forex.

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