Submit Bug report

Sign Up For Newsletter

Harsh weather helps depress Canada December retail sales

Friday, February 21, 2014.

People shop inside at the Hudson's Bay Company (HBC) flagship department store in TorontoExtreme weather helped slash Canadian retail sales by a seasonally adjusted 1.8 percent in December, data which will help cement expectations that the economy shrank in the month, according to a Statistics Canada release on Friday. The volume of retail sales, relevant for real gross domestic product, fell by even more, 2.2 percent.