{"id":361018,"date":"2025-12-20T19:28:18","date_gmt":"2025-12-20T19:28:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/361018\/"},"modified":"2025-12-20T19:28:18","modified_gmt":"2025-12-20T19:28:18","slug":"canadian-shopping-season-off-to-slow-start-with-retail-sales-flat-in-october","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/361018\/","title":{"rendered":"Canadian shopping season off to slow start with retail sales flat in October"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

Shoppers walk along Sainte-Catherine St. in Montreal.Christinne Muschi\/The Canadian Press<\/p>\n

Retail sales fell 0.2 per cent to $69.4-billion in October as sales at beer, wine and liquor stores dropped, Statistics Canada said Friday. <\/p>\n

However, the agency\u2019s advance estimate for November pointed to a rebound of 1.2 per cent, though it cautioned the figure would be revised.<\/p>\n

TD Bank economist Maria Solovieva said the holiday shopping season got off to a flat start. <\/p>\n

\u201cDespite November\u2019s rebound, the underlying trend in real sales remains negative,\u201d Solovieva said.<\/p>\n

\u201cOnly a handful of discretionary categories \u2013 clothing and electronics \u2013 continue to show positive momentum. This lines up with our TD credit and debit card data, which show relatively resilient services spending growth outpacing goods.\u201d<\/p>\n

Bank of Canada\u2019s Tiff Macklem on lessons from the trade war and what risks he sees ahead<\/a><\/p>\n

For October, Statistics Canada said sales were down in four of the nine subsectors it tracks with sales at food and beverage retailers down 2 per cent as beer, wine and liquor retailers fell 10.6 per cent.<\/p>\n

It said the drop at beer, wine and liquor retailers coincided with labour disruptions in B.C., while sales at supermarkets and other grocery retailers dropped 0.7 per cent.<\/p>\n

Sales at clothing, clothing accessories, shoes, jewelry, luggage and leather goods retailers also fell 0.7 per cent. Health and personal care retailers declined 0.3 per cent.<\/p>\n

Furniture, home furnishings, electronics and appliances retailers gained 1.1 per cent.<\/p>\n

Sales at motor vehicle and parts dealers rose 0.6 per cent as sales at new car dealers gained 0.5 per cent.<\/p>\n

Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, fell 0.5 per cent in October.<\/p>\n

In volume terms, retail sales dropped 0.6 per cent in October.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Shoppers walk along Sainte-Catherine St. in Montreal.Christinne Muschi\/The Canadian Press Retail sales fell…\n","protected":false},"author":2,"featured_media":361019,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[3793,3782,64,63,3794,1348,3774,3795,99,2065,3773,3787,3788,3784,3775,3772,164,2555,75,69,3781,3805,3776,3777,3786,3783,1625,2289,3796,3779,3800,3801,3803,3798,3802,3797,3799,3778,3790,3791,84,3789,2111,635,105,3792,3785,3780,1346,3804],"class_list":["post-361018","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alberta","tag-arts-news","tag-au","tag-australia","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/361018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=361018"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/361018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/361019"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=361018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=361018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=361018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}