Blog – Canada Retail Sales and Consumer Spending Analysis and Commentary – April 2023 Summary: The data published by Statistics Canada showed on Friday that Retail Sales declined by 0.2% monthly following January's 1.4% increase. This reading came in better than the market expectation for a decrease of 0.6%. Further details of the publication revealed that Retail Sales ex-Autos fell by 0.7% in the same period. Source: https://www.fxstreet.com/news/canada-retail-sales-decline-by-02-in-february-vs-06-expected-202304211235 Additional Links: Consumer spending outlook - https://www.bloomberg.com/news/articles/2023-04-21/retail-sales-fall-in-canada-with-higher-rates-pinching-consumers?srnd=all#xj4y7vzkg Household debt - https://financialpost.com/globe-newswire/canadians-on-economy-half-say-the-worst-is-yet-to-come Food and wage growth - https://www.cbc.ca/news/business/boom-global-bust-column-don-pittis-1.6815554?cmp=rss Commodities - https://www.ubs.com/global/en/wealth-management/insights/insights-display-adp/global/en/wealth-management/insights/chief-investment-office/house-view/daily/2023/latest-20042023.html?caasID=CAAS-ActivityStream Gasoline prices continue to see ups and downs - https://toronto.ctvnews.ca/ontario-gas-prices-set-to-drop-again-here-s-when-that-will-happen-1.5986398 ESG - https://blogs.sap.com/2023/04/20/why-sustainability-should-still-matter-to-midsize-retailers-during-a-recession/ or https://www.winsightgrocerybusiness.com/retailers/10-ways-grocers-are-showing-their-environmental-friendliness-earth-day-2023 Data and Analytics and Retail - https://m.vingle.net/posts/5720306 or https://timesofindia.indiatimes.com/blogs/voices/top-ten-trends-and-practices-that-will-shape-e-commerce-in-2023/