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'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
financialpost.com/news/retail-marketing/may-retail-sales-drop-bank-of-canada-rate-cuts
Retail sales
for May likely
contracted 1.1 per cent
after increasing 0.3 per cent in April on strong automobile sales, Statistics Canada said on Friday.
The April result just missed analysts estimates of a 0.4 per cent…
This story appeared on financialpost.com, 2025-06-20 17:31:06.