Canada: A good March for Retail Sales, not enough to save Q1 performance – NBF

Today’s report showed that Canadian retail sales rose 0.6% in March and February data was revised higher. Despite the positive data for April, Jocelyn Paquet, analyst at National Bank of Canada, points out it won’t be sufficient to salvage Q1 performance. Key Quotes: “Canadian retail sales increased 0.6% in March to C$50.2 billion, topping consensus […]

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