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August Retail Sales -0.1% vs +0.6%......>

CANADA DATA
CANADA DATA: August Retail Sales -0.1% vs +0.6% Consensus
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- Decline is third in 4 months.
- Stripping out price changes, retail volumes +0.2% in August. 
- Retail ex-autos -0.2% vs +0.1% MNI Median; 0.0% prior.
- Retail ex-autos & gas -0.1% vs -0.1% prior.
- Sales declined in 6/11 subsectors, representing 51% of retail trade.
- Food and beverage (-0.8%) and gas (-0.4%) mainly drove August decline.
- Motor vehicles +0.1% vs +2.2% prior; economists had expected much 
larger increase on the month.
- In volume terms, gasoline sales +2.8%.
- Total retail trade YoY +1.1%.
- July retail sales revised to +0.6% vs +0.4% preliminary.

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