The 18.7% m/m rebound in retail sales in May still left them 20% below the pre-virus level, but Stats Can also said today that its preliminary data point to a further 24.5% m/m rise in June. While that would take retail sales above their level in February, it comes partly at the expense of lower restaurant sales.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services