Canada March retail sales +0.8% vs +0.7% expected

• The advanced March report was +0.7%
• Prior was -0.4% (revised to -0.5%)
• Ex-autos -0.7% vs 0.0% expected
• Prior ex-autos +0.5% (revised to +0.6%)
• Advance April report +0.5%

The RBC survey on Canadian consumers last week hinted at a resilient consumer in April and that’s what the advance number shows. On the flipside, that core number in March is poor.

This article was written by Adam Button at www.forexlive.com.