'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.
The Entire Business World on a Single Page. Free to Use →