Canada: Retail sales decline 0.9% in November vs -0.6% expected

"Retail sales decreased 0.9% to $50.4 billion in November on lower sales at gasoline stations and motor vehicle and parts dealers," Statistics Canada reported on Wednesday.

Key takeaways from the press release

• Excluding these two subsectors, retail sales increased 0.2%.
• Sales were down in 6 of 11 subsectors, representing 75% of retail trade.
• After removing the effects of price changes, retail sales in volume terms declined 0.4%.