Canada August retail sales +0.4% vs +0.5% expected

• Prelim was +0.5%
• Sept preliminary +0.4%
• Ex-autos -0.7% vs +0.3% expected
• Prior ex-autos +0.4%
• Ex-autos and gas -0.4% vs +0.6% prior

Prior to this report, RBC looked at its cardholder data and said spending was “nothing short of abysmal”.

This article was written by Adam Button at www.forexlive.com.