Retail sales fell 2.5% to $61.3 billion in July: Statistics Canada

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Retail sales fell 2.5% to $61.3 billion in July: Statistics Canada
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Statistics Canada says retail sales fell 2.5 per cent to $61.3 billion in July, the first drop in seven months.

However, the agency says its initial estimate for August pointed to a gain of 0.4 per cent for the month, but noted the figure will be revised.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

Sales at gasoline stations fell 14.2 per cent for the month as gasoline prices fell 9.2 per cent and sales at gasoline stations in volume terms decreased 7.0 per cent. Sales at clothing and clothing accessories stores dropped 3.3 per cent.

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