Retail sales flat, despite lower prices
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower prices for gasoline.
Statistics Canada said in volume terms, retail sales were up 0.7 per cent.
Across all sectors, clothing and accessories stores saw the largest gain, at 3.5 per cent during the month. Across all sectors, 6 of 11 sectors saw higher sales.
Regionally, sales increased in six provinces. Ontario saw the highest increase in dollar terms at 0.4 per cent.
Following two consecutive monthly gains, retailers in Alberta registered a 1.8 per cent sales decline. Retail sales in Saskatchewan fell 1 .7 per cent, the fourth straight month of declines in March.
More to come