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Canadian Retail Sales MoM Prel (Dec) M/M -0.5%

Newsquawk Staff ·

Canadian Retail Sales MoM Prel (Dec) M/M -0.5%.

What it means

The preliminary retail sales figure for Canada shows a decline of 0.5% month-over-month in December. This miss could signal potential weakness in consumer spending, which may affect growth forecasts and influence the Bank of Canada's monetary policy stance going forward.

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