Thu, 22 Mar 2012 19:44:07 GMT
Core retail sales of Canada tumbled by 0.5% last month
Canadian core retail sales that excludes automobile sales tumbled in January after gaining for seven consecutive months, reported Statistics Canada. The core retail sales decreased by 0.5% in January on a seasonally adjusted basis while experts predicted the sales to climb by 0.5%. The major contributors to the decline were garden equipment and building materials.