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Retail sales fall short of expectations in Canada

Note: This section contains information in English only.
Source: WBP Online
Data on Canadian retail sales induced disappointment, as the figure showed a 1% drop, missing analyst expectations of a 0.6% dip for March. The decline came chiefly from a 2.9% plunge in auto and part trade, as well as lagging furniture sales. While the news triggered a Canadian Dollar sell-off upon the announcement, the effect was neutralized by positive inflation data.
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20 May 2016

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