December 19, 2014 / 1:42 PM / in 3 years

Canada retail sales unchanged in October

OTTAWA (Reuters) - Canadian retail sales were unchanged in October, holding at a record high as gains in most sectors were offset by declines at motor vehicle and parts dealers, data from Statistics Canada showed on Friday.

A woman carries shopping bags during the Christmas shopping season in Toronto, December 7, 2012. REUTERS/Mark Blinch

Excluding motor vehicle and parts dealers, retail sales rose 0.2 percent. Economists had forecast a 0.2 percent drop in overall sales after a sharp rise of 0.8 percent in the previous month.

Sales held at C$42.85 billion ($36.94 billion), matching the previous month’s record. Sales rose in six out of the 11 sectors, including building material and garden equipment dealers, as well as electronics and appliance stores.

($1 = $1.16 Canadian)

Reporting by Leah Schnurr; Editing by Bernadette Baum

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