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Statistics Canada released retail sales. The retails sales in Canada increased 1.1% in April, exceeding expectations for a 0.4% gain, after a 0.1% increase in March. March's figure was revised up from a 0.1% fall. That was the first increase in 5 months.
Motor vehicle and parts sales increased 2.4%. That was the biggest gain.
The Canadian Core retail sales excluding automobiles rose 0.7% in April, exceeding expectations for a 0.4% rise, after 0.2% gain in March. March's figure was revised up from a 0.1% rise.
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