BUSINESS

Retail Sales Up 1.0 Per Cent In May At $43 Billion: Statistics Canada

07/23/2015 08:48 EDT | Updated 07/23/2016 05:59 EDT
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OTTAWA - Statistics Canada says retail sales rose 1.0 per cent to $43 billion in May, the third increase in four months.

Sales were up in nine of 11 subsectors, representing 92 per cent of retail trade.

In volume terms, Statistics Canada says sales were up 0.4 per cent after removing the effects of price changes.

Sales at motor vehicle and parts dealer sales rose 1.3 per cent, boosted by a 2.0 per cent increase at new car dealers. Used car dealers reported a 1.2 per cent drop in sales. Sales at gasoline stations increased 1.9 per cent.

Retail sales were up in nine provinces in May with Ontario, Nova Scotia and, to a lesser extent, British Columbia accounting for most of the increase.

Saskatchewan was the lone province to post weaker sales in May, edging down 0.1 per cent.

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