April 2016 Canadian retail sales report 22 June 2016
- Prior -1.0%. Revised to -0.8%
- Ex-autos 1.3% vs 0.6% exp m/m. Prior -0.3%. Revised to -0.1%
Sales excluding autos helps the CAD gain from 1.2775 to 1.2744. Higher gasoline prices did most of the lifting.
Headline sales were up 4.6% y/y, ex-autos 3.4%.
