Canada Retail Sales Likely Rebounded in August
2026-09-24 12:38
By
Joana Taborda
1 min. read
Retail sales in Canada likely increased 1.3% month-over-month in August 2026, rebounding from a 0.7% fall in July, according to preliminary estimates.
It would mark the strongest gain in retail sales since January.
Meanwhile in July, sales at motor vehicle and parts dealers were down 0.8%, posting their first decline in four months, led by lower sales at new car dealers (-1.3%).
Also, sales at gasoline stations and fuel vendors declined 0.9%, sales at general merchandise dropped 1.9% and lower sales were also recorded at clothing, clothing accessories, shoes, jewelry, luggage and leather goods retailers (-1.2%).
In contrast, sales went up for building material and garden equipment and supplies dealers (+0.8%) and used car dealers (+2.9%).
Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were also down 0.7% in July.
Year-on-year, retail sales increased 5.1%.