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B.C. retail sales gains lag national average

Retail sales rose slightly in B.C. in September but lagged the national average, which was driven largely by a phenomenal increase in Prairie provinces, according to Statistics Canada data released yesterday.
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Alberta, British Columbia, food, geography, retail, Saskatchewan, Statistics Canada, B.C. retail sales gains lag national average

Retail sales rose slightly in B.C. in September but lagged the national average, which was driven largely by a phenomenal increase in Prairie provinces, according to Statistics Canada data released yesterday.

Sales nationwide rose 1.8% in September, compared with the same month in 2011, thanks largely to a 8.5% hike in sales in Alberta and a 6.4% spike in Saskatchewan.

British Columbians spent $5.09 billion at retail stores in September. That was up $40 million from the same month in 2011 and $17 million from August.

Canada-wide, retail spending hit $39.137 billion, up from $38.444 billion in 2011.

Specialty food stores, with a 5.6% bump in spending, had the most robust increase of all subsectors that the nation’s number-cruncher broke out.

Perhaps the most intriguing pair of figures in the data was that used car dealers faced the biggest decline of all sectors with Canadians spending 8.3% less in 2012 than they did in 2011. New car dealers, however, were the second best performing sector, enjoying a 4.9% hike in sales year-over-year in September.

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