Canada April Clothing Retail Sales Decline 5.2%

Canada's Statistics Bureau released the April retail sales market report. Canada's retail sales in April dropped 2% to 36 billion 140 million yuan (US $35 billion 100 million), the first decline since November 2009, and the largest decline since December 2008.

Experts point out that retail sales in Canada have been unstable in the past few months. The Bureau's report suggests that the Canadian consumer market growth has slowed down. The sharp decline in retail sales in April has raised alarm bells for the optimistic forecast of the continuous growth of consumer demand, and will have some reservations about the speed of Canadian economic growth.

It is understood that Canada's largest decline in Quebec Province, reaching 3.9%, is the first time that the province has declined since the end of 2009, while the retail sales of Ontario fell slightly by 1.2% in the 2010 spring and 3 in the 3 month.

Experts further analyzed from various industries, Canada's new car sales in April decreased by 5.3% compared to March, so that the sales of the entire automobile and its spare parts department dropped by 4.8%.

Gasoline retail sales fell for the first time in 2007, a decrease of 3 billion 950 million Canadian dollars, a decrease of 2%.

Sales of food and beverages decreased by 8 billion 590 million Canadian dollars, declining by 0.5%, to 2010 for the first time in 4 months.

Furniture and family equipment sales decreased by 1 billion 250 million Canadian dollars, declining 0.3%, the third consecutive month of decline in the industry.

Other industries also include clothing and accessories retail sales, a decrease of 2 billion 20 million Canadian dollars, a decline of 5.2%;

Sales of building materials and horticultural equipment decreased by 2 billion 470 million Canadian dollars, and the decline was 2%.

In Canada, the only reverse trend in April was the electronic category products and equipment. In the month, the overall retail sales increased by 1 billion 150 million Canadian dollars, growing by 0.6%.

Industry experts say that this phenomenon is linked to the global trend of mobile technology products.