Canadian Retail Sales (March 2023) - May, 2023

Canadian seasonally adjusted retail sales fell 1.4 per cent in March to $65.3 billion. Sales fell in 5 of 9 subsectors, but the decrease was led by lower sales at gasoline stations and fuel vendors (-3.9 per cent) and motor vehicle and parts dealers (-4.4 per cent). Core retail sales, which strips out gasoline and motor vehicle and parts dealers, rose 0.3 per cent. In volume terms, sales fell 1 per cent in March. 

In BC, seasonally adjusted sales rose 0.9 per cent in March. Compared to the same month last year, retail sales were up 0.3 per cent in the province. In the Greater Vancouver region, sales were up 2 per cent month-over-month and down 0.5 per cent year-over-year. 

For more information, please contact: Gino Pezzani.



No comments

Post Your Comment:

Your email will not be published
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.