Sales at grocery stores drop in November due to higher food prices – Nationwide

Statistics Canada says retail sales fell 0.1% to $61.8 billion in November.

However, the federal agency said its preliminary estimate for December showed retail sales rebounded 0.5% that month, although the agency warned that the figure would be revised. .

Retail sales fell in six of the 11 sub-sectors, accounting for 47.4% of retail trade.

Read more:

Food inflation: Shoppers turn to saving money long used by older Canadians

Continue reading:

Air Canada says no, then gives credit to customers after booking error

Statistics Canada said the drop was due to lower sales at gardening and building materials and equipment dealers, down 3.8% month-on-month, and stores. food and beverage, down 1.6%.

Total core retail sales, excluding gas stations and motor vehicle and parts dealers, fell 1.1% – the biggest drop in 11 months.

The story continues below the ad

In terms of volume, retail sales fell 0.4% in November.

&copy 2023 Canadian Press


News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button