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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Fri, 20 May 2016 13:55:12 GMT

Canadian inflation grows in line with expectations

Canada's CPI grew from 1.3% to 1.7% on a yearly basis in April, whereas the Bank of Canada's annual core Consumer Price Index jumped from 2.1% to 2.2%, according to fresh figures released by Statistics Canada on Friday. The published data was in line with market expectations. Meanwhile, the Transportation Index grew 1.0% in April, following the 0.9% drop seen

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