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Statistics Canada reports May retail sales down 1.1 per cent at $69.2 billion
CANADA, JUL 24 – Canadian retail sales fell 1.1% in May, with motor vehicle dealers down 3.6%, while building materials and health retailers posted gains, Statistics Canada reported.
- Statistics Canada reported that retail sales in Canada decreased 1.1 percent to $69.2 billion in May 2025, driven mainly by declines in the auto sector.
- The decline came after two months of growth and was driven by reduced spending at new car dealerships and other vehicle-related retailers, influenced by higher prices and ongoing trade tensions.
- In May, retail e-commerce sales dropped 1.7 percent to $4.3 billion, while food and beverage retailers fell by 1.2 percent for the third consecutive month.
- Sales rose 1.9 percent at building material and garden supply dealers and 0.7 percent at health and personal care retailers, with automotive parts and accessories sales up 1.7 percent, reflecting mixed sector performance.
- Preliminary June data indicate a 1.6 percent rebound in retail sales, suggesting cautious consumer behavior may ease, but economic growth uncertainty remains due to inflation and tariff impacts.
28 Articles
28 Articles
Retail sales declined by 1.1 per cent to 69.2 billion in May, reflecting the decline in sales of vehicle and parts dealers, according to Statistics Canada.
Statistics Canada reports May retail sales down 1.1 per cent at $69.2 billion
Statistics Canada says retail sales decreased 1.1 per cent to $69.2 billion in May, driven by sales declines at motor vehicle and parts dealers. However, the agency said its preliminary figures for June point to an increase of 1.6 per cent for that month. For May, three of nine subsectors were down as sales at […]
USD/CAD gains strength about 1,3650 as Canada's retail sales are reduced - World Stock Market
The USD/CAD is strengthened to about 1,3645 in the first bars of the Asian session on Friday. Canada’s retail sales fell 1.1% intermensual in May, ballasting the Canadian dollar. The renewed concerns about the Trump administration and the Fed could limit the rise in the torque. The USD/CAD pair advances around 1,3645 during the first measures of the Asian session on Friday. The disappointing Canadian economic data lift the Canadian dollar (CAD) …
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