Canada Retail Sales Stall as Autos Gain and Fuel Drops
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Canadian retail sales stalled in March after gains in the prior two months, as increases in auto and clothing receipts were offset by lower gasoline prices.
Sales were little changed at C$39.5 billion ($38.4 billion), Statistics Canada said today in Ottawa, following a revised 0.7 percent increase in the prior month. The volume of sales, which strips out the impact of price changes, rose 0.7 percent.