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Statistics Canada says retail sales down in January as shoppers reined in spending

Statistics Canada says retail sales down in January as shoppers reined in spending

OTTAWA — Retail sales fell 0.6 per cent to $69.4 billion in January as sales in the auto sector moved lower, Statistics Canada said. "Consumers tightened their belts to start the year with retail sales retreating more than expected in January after a strong showing in December," said TD economist Maria Solovieva in a note. […]

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