Soft Canadian retail sales data point to slowing economy
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Soft Canadian retail sales data point to slowing economy
https://www.reuters.com/business/retail-consumer/soft-canadian-retail-sales-data-point-slowing-economy-2023-07-21/
Canadian retail sales underperformed expectations in May and were likely unchanged in June, data showed on Friday, pointing toward a slowdown in economic growth that would allow the Bank of Canada to leave interest rates unchanged.
By Ismail Shakil / Reuters