Canada: Retail sales increased 2.0% in May to $50.8 billion, following April's 0.9% decline

"Retail sales increased 2.0% in May to $50.8 billion, following a 0.9% decline in April," Statistics Canada reported today.

Key quotes from the official publication

Sales rose in 8 of 11 subsectors, representing 70% of retail trade.
Higher sales at motor vehicle and parts dealers and at gasoline stations were the main contributors to the gain in May. Excluding these two subsectors, retail sales were up 0.9%.
After removing the effects of price changes, retail sales in volume terms increased 2.0%.

Jul 20, 2018

Canada: Annual CPI rose 2.5% in June vs. 2.4% expected

"The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in June, following a 2.2% increase in May," Statistics Canada reported on Friday.

BoC: Core-annual CPI stays unchanged at 1.3% in June vs. 1.4% expected

The core-CPI figures released by the Bank of Canada showed that the annual inflation remained unchanged at 1.3% in June to fall short of the market ex