Retail sales rose 1.0% month-on-month (m/m) in May, in line with Statistics Canada’s advance estimate. In volume terms, retail trade was up 0.3% m/m, pointing to a rebound in underlying demand. Motor vehicle and parts dealers posted a 0.7% m/m increase, driven by higher sales at new car dealers (+0.5% m/m). Receipts at gasoline stations […]The post Canada: Retail Sales Rise in May as Real Activity Rebounds appeared first on ActionForex.