Canada: November Retail Sales Surprise to the Downside, But Expect a Rebound in December

<p><img width="511" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-canada4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Retail sales declined by 0.2% month-on-month (m/m) in November, coming in weaker than Statistics Canada’s advance estimate for a flat reading. October’s print was revised slightly to +0.5% m/m from +0.7% m/m. Adjusted for inflation, the volume of retail sales reported a loss of 0.2% in November, reversing course from last month’s robust 1.0% m/m […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/536063-canada-november-retail-sales-surprise-to-the-downside-but-expect-a-rebound-in-december/">Canada: November Retail Sales Surprise to the Downside, But Expect a Rebound in December</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>