Retail sales rose 0.9% in March, exceeding the 0.6% estimate, while ex-autos sales climbed 1.4%.
Canadian retail sales increased 0.9% in March, surpassing the 0.6% estimate, according to official data. Excluding autos, sales rose 1.4%, also above the 0.9% forecast, signaling stronger consumer demand.
The prior month saw a 0.7% gain, with economists expecting a modest slowdown. The March figures suggest resilience in consumer spending amid broader economic uncertainty.
Markets may view the data as supportive of a stable economic outlook, though no immediate market reaction was reported.