CANADA STOCKS-Futures indicate higher open after economic data
(Updates with economic data)
July 22 (Reuters) - Canada's main stock index futures pointed to a higher start on Friday after retail sales data exceeded estimates.
Retail sales rose by 0.2 percent in May from April to hit a record C$44.28 billion ($33.80 billion), largely because of increases for food, drink and gasoline, Statistics Canada said.
Retail sales growth, ex-autos, at 0.9 percent came in much better than the forecast of 0.3 percent.
Annual inflation rate remained at 1.5 percent in June, staying below the Bank of Canada's 2 percent target for a fifth consecutive month, Statistics Canada data indicated.
September futures on the S&P TSX index were up 0.11 percent at 8:45 a.m. ET.
Canada's main stock index rose to an 11-month high on Thursday as mining stocks rallied and strong earnings reports boosted the shares of Rogers Communications Inc and Encana Corp.
Dow Jones Industrial Average e-mini futures were up 0.12 percent at 8:45 a.m. ET, while S&P 500 e-mini futures were up 0.16 percent and Nasdaq 100 e-mini futures were up 0.13 percent.