BUSINESS NEWS: Statistics Canada Retail Trade Data for April 2010

Statistics Canada has released retail trade data for April 2010, which shows that retail sales dropped in all provinces in the month of April. Food and beverage stores sales were down 0.5% in April after rising for the previous three months.

Statistics Canada
Retail Trade - April 2010

Retail sales decreased 2.0% in current dollars to $36.2 billion in April following a gain of similar magnitude in March. Sales decreased in 10 of 11 retail subsectors and in all provinces.

Sales in volume terms decreased 1.9% in April. Retail sales have been following an upward trend since the beginning of 2009.

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