Canadian Retail Sales Ex Autos MoM (Feb) M/M 0.5% vs. Exp. 0.8% (Prev. 0.8%, Low. 0.4%, High. 1.0%)

The Canadian retail sales data for February came in at 0.5% month-over-month, missing expectations of 0.8% and confirming the previous month's growth of the same rate. This miss may signal a weakening in consumer spending momentum, which could prompt analysts to reassess the outlook for Canadian economic growth and monetary policy direction going forward.