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For additional information relating to this article, please contact:

Thomas Storring	Director – Economics and Statistics
Tel: 902-424-2410	Email: thomas.storring@novascotia.ca

March 24, 2017
RETAIL TRADE, JANUARY 2017

CORRECTION: AN EARLIER VERSION OF THIS ARTICLE FEATURED INCORRECT CHARTS AND DATA RELATED TO RETAIL SALES BY SECTOR 

JANUARY

In Canada in January 2017 retail sales (seasonally adjusted) increased 2.2% from December 2016 to $46.0 billion and increased 4.5% over January 2016. The growth index (2005=100) increased 3.3 points to 150.7 over the previous month.

In Nova Scotia, retail sales retail sales (seasonally adjusted) increased 2.1% from December 2016 to $1.2 billion and increased 6.4% over January 2016. The growth index (2005=100) increased 2.9 points to 142.4 over the previous month.

Canada and the Provinces

January 2017 saw month-over-month retail sales increase in every province. Growth was highest in Prince Edward Island (+4.3%) and Saskatchewan (+3.7%). Nova Scotia (+2.1%) ranked 8th among the provinces.

On a year-over-year basis, all ten provinces reported positive growth over the previous January. Prince Edward Island (+10.8%) led the way followed by British Columbia (+6.6%). Nova Scotia ranked 3rd (+6.4%).

 

 

 

 Retail Trade Sectors

  

Comparing January 2017 to January 2016, Nova Scotia unadjusted retail sales increased 4.9% ($47 million).

• Gasoline stations, 12 per cent of total sales, were up 27.2 per cent or $30 million.
• The motor vehicle sector, accounting for 26 per cent of retail sales in January 2017, was responsible for most of the dollar increase with a gain of $21 million (+9.9%).
• The Food and beverage sector, accounting for 23 per cent of total sales, was down 4.5 per cent or $12 million

 

 Statistics Canada Quotes

"Following weaker sales in December, receipts were up in each of the maritime provinces as gains were observed in Nova Scotia (+2.1%) and Prince Edward Island (+4.3%), while New Brunswick edged up 0.1%."


Statistics Canada Cat. No. 63-005-X
CANSIM 080-0020
Summary Tables S.A. Monthly; U.A. Annual

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