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CTV News
24-07-2025
- Business
- CTV News
Statistics Canada reports May retail sales down 1.1 per cent at $69.2 billion
Statistics Canada says retail sales decreased 1.1 per cent to $69.2 billion in May, driven by sales decreases at motor vehicle and parts dealers. Pickup trucks are pictured at an automotive dealership in Ottawa on Friday, Aug. 11, 2023. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — Statistics Canada says retail sales decreased 1.1 per cent to $69.2 billion in May, driven by sales declines at motor vehicle and parts dealers. However, the agency says its preliminary figures for June point to an increase of 1.6 per cent for that month. For May, three of nine subsectors were down as sales at motor vehicle and parts dealers decreased 3.6 per cent, led by 4.6 per cent lower sales at new car dealers. Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were relatively unchanged in May. The only subsector within core retail sales to post a decline was food and beverage retailers, down 1.2 per cent, led by lower sales at beer, wine and liquor retailers, along with supermarkets and other grocery retailers. Building material and garden equipment and supplies dealers rose 1.9 per cent. In volume terms, overall retail sales decreased 1.4 per cent in May. This report by The Canadian Press was first published July 24, 2025.
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
Retail Sales Rose More Than Expected in June
Retail sales rose 0.6% in June from May, the Commerce Department said Thursday. That was better than the 0.2% increase economists polled by The Wall Street Journal expected. The pickup comes after retail sales fell 0.9% in May . The increase was driven in part by strong demand for motor vehicles, whose sales rose 1.2%. Not counting autos, retail sales rose 0.5% in June. Economists had expected a 0.3% increase. Sales of clothing, which tends to be tariff-sensitive, rose 0.9% after rising by 0.3% the prior month. Building materials sales also rose 0.9%. Sales at furniture stores, and electronics and appliances stores, both fell slightly.
