Canadian Retail Sales (April 2022) - June, 2022

Canadian seasonally-adjusted retail sales increased 0.9 per cent in April, hitting $60.7 billion. Sales grew in 6 of 11 subsectors, but were led by higher sales at general merchandise stores (+4.2 per cent). Core retail sales, which strips out gasoline and motor vehicle and parts dealers, increased 1 per cent in April. In volume terms, sales were up 0.9 per cent. 

In BC, seasonally-adjusted sales rose 1.3 per cent in April. Compared to the same month last year, retail sales were up 0.6 per cent in the province. In the Greater Vancouver region, sales rose 1 per cent month-over-month and were up 4.2 per cent year-over-year. 

In April, Canadian e-commerce sales rose 7 per cent to 3.3 billion, corresponding to 5.2 per cent of retail sales. This percentage remains elevated relative to pre-pandemic levels. 

Link:  https://mailchi.mp/bcrea/canadian-retail-sales-april-2022

For more information, please contact: Gino Pezzani.

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