Canadian Consumers Resilient in August

Canadian retail spending returned to an upward pace in August, with a monthly gain of 0.8% more than offsetting July’s 0.5% dip. A 0.4% M/M uptick in sales volumes helped the gain, but rising prices - in particular a 3% hike at the gas pumps - accounted for much of…

Source:Canadian Consumers Resilient in August

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