Investing.com - Core retail sales in Canada rose in line with market expectations in July, while total retail sales figures came in below forecasts, official data showed on Tuesday.
In a report, Statistics Canada said core retail sales, which exclude automobile sales, rose by a seasonally adjusted 1% in July, marching expectations.
Core sales fell by 0.9% in June, whose figure was downwardly revised from a previously reported decline of 0.8%.
Total retail sales increased by a seasonally adjusted 0.6% in July, missing forecasts for a 1% gain, after falling by 0.6% in June.
Following the release of the data, the Canadian dollar was little changed against its U.S. counterpart, with USD/CAD easing up 0.01% to trade at 1.0285.
In a report, Statistics Canada said core retail sales, which exclude automobile sales, rose by a seasonally adjusted 1% in July, marching expectations.
Core sales fell by 0.9% in June, whose figure was downwardly revised from a previously reported decline of 0.8%.
Total retail sales increased by a seasonally adjusted 0.6% in July, missing forecasts for a 1% gain, after falling by 0.6% in June.
Following the release of the data, the Canadian dollar was little changed against its U.S. counterpart, with USD/CAD easing up 0.01% to trade at 1.0285.