Statistics Canada reports retail sales up 0.3 per cent at $66.1 billion in July

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Statistics Canada reports retail sales up 0.3 per cent at $66.1 billion in July
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Statistics Canada said retail sales jumped 0.3 per cent to $66.1 billion in July as sales at food and beverage retailers surged 1.3 per cent for the month.

OTTAWA — Retail sales edged higher in July, driven by sales at supermarkets and grocery stores, but Statistics Canada said Friday its early estimate for August pointed to a decline.

"That casts doubt on the notion of services consumption providing an offset to weak goods consumption at the start of the third quarter," she added. In July, nominal sales were up in seven out of nine subsectors, with spending more broad-based than the previous month.

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