Canada: Retail sales advance 0.9% in April

Canadian retail sales rose 0.9% in April to a seasonally adjusted CAD 44.28 billion , Statistics Canada said Wednesday.

This reading comes in slightly above the 0.8% increase expected and after retail sales fell a revised 0.8% in the previous month (-1.0% initially estimated).

Excluding autos, retail sales rose 1.3% in April. On an annual basis, retail sales advanced 4.6%.