Statistics Canada says retail sales rose 0.6 percent in July

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OTTAWA — Statistics Canada says retail sales rose 0.6 percent in July to $52.9 billion, helped by higher sales at motor vehicle and parts dealers and gasoline stations.

Economists had expected an increase of 1.0 percent for the month, according to financial markets data firm Refinitiv.

Statistics Canada says sales were up in six of 11 subsectors in July with the motor vehicle and parts dealers subsector contributing the most to the increase with a 3.3 percent increase. Sales at gasoline stations rose 6.1 percent.

However, the agency said core retail sales, which exclude those two subsectors, fell 1.2 percent.

Sales at building material and garden equipment and supplies dealers fell 11.6 percent, while sales at food and beverage stores dropped 2.1 percent.

Retail sales in volume terms were up 0.4 percent in July.