Canadian retail sales down 0.6% in September: StatCan


Statistics Canada said retail sales fell 0.6 percent to $56.6 billion in September as new car sales fell amid limited supply as a semiconductor chip shortage hit production. in the automotive industry.

The agency said its preliminary estimate for October had shown retail sales for the month rose 1.0%, but it warned that the figure would be revised.

Sales in September fell in seven of the 11 sub-sectors as sales at motor vehicle and parts dealers fell 1.6% while sales at new auto dealerships down 2.8%.

Sales at clothing and clothing accessories stores fell 5.9% while sales at clothing stores fell 7.9%.

Core retail sales, excluding gas stations and dealers of motor vehicles and parts, fell 0.3 percent in September.

In terms of volume, retail sales fell 1.1% in September.

This Canadian Press report was first published on November 19, 2021.

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