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Retail sales up only slightly in November

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Manitoba’s retailers kept their string of monthly sales increases alive in November, but just barely.

Preliminary Statistics Canada figures released today show the province’s retail industry eked out a 0.1 per cent increase in sales for the month — $1.469 billion versus $1.468 billion in October.

It was the fourth consecutive month-over-month increase for Manitoba. November’s total was also a 2.3 per cent improvement from a year earlier, when $1.435 billion worth of goods were sold.

Statistics Canada said six other provinces also posted month-over-month increases in November, while Canada saw its sales climb by 0.6 per cent to $41 billion from $40.8 billion in October. For Canada, it was the fourth increase in five months.

The agency says Canada’s November gain was largely due to higher sales at motor vehicle and parts dealers as well as electronics and appliance stores.

Sales rose in nine of 11 subsectors, accounting for 72 per cent of retail trade.

The agency says weather and the timing of new product releases had a greater effect on monthly sales than promotional events in November such as Black Friday.

Sales were up 1.2 per cent at motor vehicle and parts dealers, while sales at electronics and appliance stores rose 6.4 per cent.

— Staff/Canadian Press

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