Canada retail sales unexpectedly jump to record high
Reblogged from Financial Post | Business:
OTTAWA — Canadian retail sales unexpectedly rose 0.2% in November from October to a record high of $39.4 billion as shoppers bought more new cars and electronics, according to Statistics Canada data on Tuesday.
Analysts in a Reuters survey had expected sales to remain flat in the month. Retail sales have risen for five consecutive months and were up 1.4% compared with a year earlier.
Finally some signs of Canada moving in a positive direction.
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