Retail sales in Canada are expected to rise by 0.1% in February of 2024, based on January, revised from the previous estimate of a 0.4% contraction and the 0.9% jump in final year of 2023. Retail turnover for motor vehicles and parts dealers contracted sharply (-3%) to the gain for those offering used cars (4.5%). Strong sales were also recorded in garden equipment and supplies stores (2.2%).

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Retail sales in Canada are expected to rise by 0.1% in February of 2024, based on January, revised from the previous estimate of a 0.4% contraction and the 0.9% jump in final year of 2023. Retail turnover for motor vehicles and parts dealers contracted sharply (-3%) to the gain for those offering used cars (4.5%). Strong sales were also recorded in garden equipment and supplies stores (2.2%).

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