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Retail sales stay flat in February

Published by Steve Coleman on April 24, 2012

A decision by more Canadian drivers to park plans for a new vehicle helped push down the country's retail numbers in February.

Statistics Canada says retail sales fell 0.2 per cent to $38.9 billion in February and trumped any gain retailers made the previous month.

In terms of overall volume, retail sales were down a reported 0.6 per cent for the month. Five of the 11 groupings, representing 57 per cent of total retail sales, reported lower numbers in February.

For a look at the month as Statistics Canada saw it, visit the government agency's web site.


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