Retail sales up for the fourth consecutive month: Stats Canada

Retail sales were up Canada-wide in October for the fourth month in a row, according to Statistics Canada data released this morning.

Retail sales were up Canada-wide in October for the fourth month in a row, according to Statistics Canada data released this morning.

October sales were $39.4 billion, an increase of 0.7% when compared with September’s sales of $39.2 billion. The change was largely driven by a 1.6% increase in sales of motor vehicles and parts dealers. Sales of gasoline also increased by 1.6%.

These gains were partially offset by a decline in used car sales (-2.1%) for the fourth consecutive month.

Retail trade in British Columbia increased slightly when compared with September sales, with a 0.2% increase from $5.09 billion to $5.1 billion.

The provinces with the largest increases in retail trade were:

  • Quebec (1.8%);
  • Alberta (0.9%); and
  • Yukon and the Northwest Territories (both 0.7%).

ecrawford@biv.com

@EmmaCrawfordBIV

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