Retail sales in Canada rose less than expected in July this year. According to Statistics Canada, the sales gained only 0.4% compared to a 0.1% fall in the previous month. The score was forecast to increase by 0.6%. Total retail sales amounted to CAD $51.479 bn in July 2019. Overall, the number of sales in retail had significantly improved for the first time in three months. For the annual reporting period, retail sales volume grew 1.2%, Statistics Canada reported. Experts were not pleased with the dynamics of sales excluding cars which did not live up to their expectations. In the middle of the summer, car sales dropped by 0.1%. Economists had expected the score to grow 0.3%. In nominal terms, the volume totaled CAD $37.747 bn. On a yearly basis, the level of sales excluding cars increased by 0.5%, analysts summarized.
