Retail sales dip signals cautious consumer spending in February

April 25, 2025, 9:22 am

New figures from Statistics Canada reveal a 0.4% drop in February retail sales, with notable slowdowns in auto-related sectors. The decline reflects tempered consumer enthusiasm amid economic uncertainties, leaving analysts to wonder if the market is simply acting its seasonal part.

financialpost.com / 'Grim' retail sales underbelly points to Bank of Canada restarting rate cuts, economists say

First-quarter retail sales 'flatlined,' a big drop from the 5.6 per cent annualized gain during the previous fourth quarter

winnipegfreepress.com / Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

citynews.ca / Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

OTTAWA — Statistics Canada says retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers. The agency says results were lower in four of nine subsectors it tracks, with sales at motor vehicle and parts dealers down 2.6 per cent, including a 3.0 per cent drop...

permalink / 3 stories from 3 sources in 10 hours ago #finance #business #retail #economics #statistics-canada #economy #autosector #bank-of-canada #inflation

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Retail sales dip signals cautious consumer spending in February

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