Ottawa – Retail sales in Canada grew at the fastest growth since September in November, rising 1.3% to $ 55.2 billion.
Statistics Canada reported that this is the seventh consecutive monthly increase. This was due to higher sales in food stores as well as a slight increase in online sales.
Core retail sales, which excludes those at petrol stations and auto and parts dealers, rose 2.6% between October and November.
The Federal Reserve notes an increase in food store sales of 5.9% in November, but the first decline since April in sales of auto and parts dealers, by 0.9%.
Sales in Canada increased in seven of the 11 subsectors, which account for 53.4% of the retail trade. Statistics Canada reported an increase in sales in nine provinces in November, with an increase in Quebec by 2% and in Ontario by 0.9%. The sales growth in these two provinces was mainly attributed to food stores.
The 6% increase in New Brunswick was attributed to the growth in sales at auto and parts dealers. The increase in retail sales from October to November was measured by 4.9% in Prince Edward Island and 3.6% in Nova Scotia.
