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Mar retail sales +0.6% vs +0.2% Ex......>

CANADA DATA
CANADA DATA: Mar retail sales +0.6% vs +0.2% expected. Ex autos 
-0.2% vs +0.5% expected. Real sls +0.8%. Gains in 6 of 11 subesectors 
(53% of ret trade). Sls ex autos and gas +0.1%. 1Q real sls -1.0% vs 4Q 
+1.0%, indicating weakening hsehld spending in 1Q.
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Apr NSA CPI +0.3% m/m, +2.2% y/y (+0.3% and +2.2% expected). CPI 
ex gas flat m/m, +1.7% y/y. Range of 3 core measures inched up to 
1.9%-2.1% from 1.9%-2.0%. BOC factored in higher infl in 2Q. 

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