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Retail sales down in December after five straight monthly gains: StatsCan

By: The Canadian Press

Friday, Feb. 22, 2013 at 11:51 AM | Comments: 0

A man and a woman walks by a store offering big discounts on Boxing Day in Montreal, on December 26, 2012. THE CANADIAN PRESS/Graham Hughes.

OTTAWA - Statistics Canada says retail sales declined 2.1 per cent to $38.6 billion in December, after five consecutive monthly gains.

The agency says weak holiday sales and lower sales of new cares pushed the decline.

Lower sales were reported in seven of 11 subsectors, representing 58 per cent of all retail trade.

Sales at motor vehicle and parts dealers were off 6.4 per cent, with a 7.7 per cent drop in new car sales.

Most store types typically associated with holiday shopping registered weaker sales in December, with general merchandise store receipts off 3.7 per cent.

Retail sales were down in all provinces in December, with Ontario reporting the largest decrease in dollar terms, at 2.4 per cent.

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