Canadian retail sales rise for fourth month in a row

Retail sales up 0.5% to $73 in April

Statistics Canada says retail sales rose 0.5% to $73 billion in April, helped higher by increased sales at gas stations and auto dealers. The agency says sales were up in five of the nine subsectors it tracks, as higher prices helped lift sales at gasoline stations and fuel vendors 5.1% for the month. In volume terms, sales for the subsector rose 0.8% in April. Sales at motor vehicle and parts dealers also gained 1.7% as sales at new car dealers…

Canadian retail sales rise for fourth month in a row

Retail trade in Canada ticked up by 0.5 per cent in April, led by gains at gasoline stations and fuel vendors. The data, released by Statistics Canada on Friday morning, showed sales in this subsector rose by 5.1 per cent. Sales at motor vehicle and parts dealers also posted gains, with sales…