Wed, 22 Aug 2012 17:15:51 GMT
Canada retail sales fall in June
Canada's core retail sales decreased unexpectedly in June, Statistics Canada reported on Wednesday. Core retail sales, excluding automobile sales, slipped 0.4% in June from 0.4% gain in May. Analysts forecast a 0.3% rise. Total retail sales dropped 0.4% in June, compared to a 0.2% increase in May and expectations of 0.1% rise. Following the data USD/CAD surged 0.49% to 0.9940.