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Canadian Retail Sales YoY (Dec) Y/Y 0% (Prev. 3.1%)

Newsquawk Staff ·

Canadian Retail Sales YoY (Dec) Y/Y 0% (Prev. 3.1%)

What it means

Canadian retail sales for December show a sharp slowdown to 0% YoY from the previous 3.1%. This significant decline suggests weakening consumer spending, which could raise concerns about the overall economic outlook in Canada and may influence monetary policy going forward.

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