The core retail sales index in Canada (m/m) fell more than expected last month. This is confirmed by the official data released on Friday. According to the report, prepared by Statistics of Canada, the rate (seasonally adjusted) was 1.6% compared with 1.0% in the previous month. These data were revised downward from 1.1%. Experts expected a decline in the past month to 0.5%.
The consumer price index (CPI) in Canada (m/m) for the last month has increased, contrary to expectations. This is confirmed by the official data released on Friday. According to the report, prepared by Statistics of Canada, the rate (seasonally adjusted) was 0.2% compared with -0.5% in the previous month. The experts expected a decline to 0.1%.
The core consumer price index (CPI) in Canada (m/m) rose more than expected last month. According to Statistics of Canada report, the rate (seasonally adjusted) was 0.3% compared with -0.4% in the previous month. Experts predicted a growth for the last month by 0.2%.
Food prices in January rose 0.5% and 4% in annual terms. The houses in the past month it have risen in price by 0.1% and by 1.1% compared with January 2015. Freight costs have decreased over the month by 0.4% and increased by 2.2% in annual terms. Prices for clothing and footwear for the past month fell by 1% and 0.3% year on year.
The volume of retail sales in Canada (m/m) fell more than expected last month. According to the report, prepared by Statistics of Canada, the rate (seasonally adjusted) was 2.2% compared with 1.7% in the previous month. Experts expected a decline over the past month to 0.6%.
Sales in December totaled 43.208 billion Canadian dollars.
On an annual basis, retail sales in Canada increased by 2.6%.
Retail sales excluding autos in the last month decreased by 1.16 and amounted to 32.2 billion Canadian dollars. Experts forecast a decline of 0.7%. In annual terms, sales excluding cars rose 0.7%.