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Canada Hints That The Growth Trend Of Clothing Consumption Market Is Slowing Down.

2010/7/8 10:27:00 40

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Canada

The Bureau of statistics published the April retail sales market report. In April, retail sales in Canada dropped by 2% to 36 billion 140 million Canadian dollars (about $35 billion 100 million), for the first time since November 2009, and the biggest decline since December 2008.

Experts point out that Canada

Retail sales

In the past few months, the Bureau has reported that Canada is in a state of instability.

consumer market

Growth has already slowed down. The sharp drop in retail sales in April has raised alarm alarms 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.