Canada retail sales dropped record -10% in March

<p>Canada retail sales dropped -10.0% to CAD 47.1B in March, slightly better than expectation of -10.3% mom. That’s also the first decline in five months, and the largest on record. Ex-auto sales, on the other hand, -0.4% mom. StatCAN said that about 40% of retailers closed their doors during March. The average length of shutdowns […]</p>
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