Saturday, August 24, 2019

Canada: Retail Sales focussed – TD Securities

According to analysts at TD Securities, Canada’s retail sales can offer the ultimate update on growth conditions for June before Q2 national accounts on August thirty.



Key Quotes
“TD appearance for a zero.1% decline, as a pullback in motorcar sales offsets strength in core measures (ex. auto: +0.1%). Volumes ought to post a additional substantial decline, going away them slightly lower for Q2 as a full, according to a slowing in house consumption from Q1.”

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