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Province sees slight drop in retail trade in July: StatsCan

British Columbia’s retail trade dropped by 0.1% to $5.23 billion between June and July, while trade increased across Canada by 0.6% over the same period, according to Statistics Canada data released September 24.
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clothing, retail, Statistics Canada, Province sees slight drop in retail trade in July: StatsCan

British Columbia’s retail trade dropped by 0.1% to $5.23 billion between June and July, while trade increased across Canada by 0.6% over the same period, according to Statistics Canada data released September 24.

Nationally, the increase in trade was driven by a 3.2% jump in gasoline sales. This is the third consecutive month of increases in this sector.

General merchandise trade was up 1.1% in July – the third increase in four months.

Clothing and clothing accessories trade increased by 1.9%. Health and personal care saw the fifth consecutive monthly gain, with an increase of 0.6%.

Trade in B.C. saw a 2.1% increase year-over-year, which was almost a percentage point lower than the national growth rate of 3.0% over the same period.

The provinces with the largest year-over-year retail trade gains were:

  • Alberta (6.4%);
  • Newfoundland and Labrador (5.6%); and
  • Nova Scotia (4.2%).

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@EmmaCrawfordBIV