Retail sales up in Canada

Retail sales in Canada increased 0.7% in the fourth quarter of 2018 compared to the same period last year.

Statistics Canada states that from September to December, retail sales reached $ 157.1 billion.

Sales of cannabis products totaled 152.2 million. Data on the sale of cannabis represents the two weeks of October following legalization, as well as the entire months of November and December.

The largest increase in dollars was recorded for food sales, which increased 2.7% year-over-year. This increase is mainly attributable to an increase in fresh food sales (3.2%) and sales of packaged dry foods (1.8%) and frozen foods (2.3%).

Sales of motor vehicle parts, accessories and supplies rose 4.7% in the fourth quarter, led by the sale of new motor vehicle tires (8.7%).

Motor vehicle sales increased 0.4% due to higher sales of used motor vehicles (4.4%), primarily minivans, sport utility vehicles and light trucks.

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