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June Retail Sales 0.0% vs -0.1%.........>

CANADA DATA: June Retail Sales 0.0% vs -0.1% Consensus
- Retail ex-autos +0.9% vs 0.0% MNI Median; -0.4% prior
- Retail ex-autos & gas +1.7% vs -1.0% prior
- Sales rose in 7/11 subsectors, representing 52% of retailing
- Stripping out price changes, retail volumes +0.4%
- 2Q retail sales +1.2%; retail volumes +0.1%
- Autos & parts (-2.5%) and gas (-3.4%) drove June decline
- New car dealers -3.2% in June, new vehicles -5.2% ytd
- Gas prices -8.0% in June while sales volumes +1.1%
- Sales gains concentrated in Maritime provinces (east coast)
- May headline sales, retail ex-autos, and retail ex-autos & gas were 
all revised downward by 0.1 percentage points

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