Canada: Focus on retail sales - TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, Canadian retail sales are forecast to remain unchanged in April as weaker auto sales weigh on the headline print.

Key Quotes

“Ex-auto sales should fare better at 0.2% m/m, with gasoline stations making a positive contribution due to higher prices at the pump, while real retail sales should edge slightly lower from March.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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