Canadian Retail Sales Rose 0.5% in April but Consumer Spending Remains Strained

A pump-driven surge at gas stations and a run of strong auto sales pushed Canadian retail trade up 0.5% to $73 billion in April, but the headline figure obscures a deteriorating picture beneath the surface, with core spending falling for the second month running. Strip out gas stations and auto dealers and the numbers look […] The post Canadian Retail Sales Rose 0.5% in April but Consumer Spending Remains Strained appeared first on the deep dive.