Retail sales climb 1.1% in September, exceeding expectations

The retail sales in September registering a rise of 1.1%, advance greater than 0.2% of the market consensus. Sales excluding automobiles advanced 1%, also above the expected 0.2%. Preliminary data suggest that in October there were no variations compared to September.

At the same time it was known that the new home price index in October it registered an advance of 0.8%, below the 1% expected. Compared to a year ago, it rises 3.9%.

The loonie (CAD) was unaffected by the data and rose marginally, moving away from the day’s lows against commodity-linked currencies and holding the daily peak against the dollar.

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