Building Material Sales Rise Again

Retail sales were virtually unchanged in March, says Statistics Canada. Sales were up in 10 of 11 subsectors, led by higher sales at gasoline stations (+7.4 per cent). Lower sales at motor vehicle and parts dealers (-6.4 per cent) erased the gains observed in the remaining subsectors. Sales were up in 10 of 11 subsectors, representing 75 per cent of retail trade. Leading the increase in core retail were higher sales at building material and garden equipment and supplies dealers (+3.7 per cent). Sales were up for the seventh time in the last eight months. Core retail sales ‒ which exclude gasoline stations and motor vehicle and parts dealers ‒ increased 1.5 per cent in March. In volume terms, retail sales were down one per cent in March. On a seasonally adjusted basis, retail eCommerce sales were down 1.9 per cent in March.