Finance

Economic and Project Analysis

Posted: November 2018
Retail Sales Commentary, January-June 2018
Next due: early 2019

Retail Sales Down 1.7% in First Half of 2018

Retail sales totalled $4.2 billion during the half of 2018, a decrease of 1.7% compared to the same period in 2017.

The largest declines recorded were in Motor vehicles and parts dealers (down $53.1 million or 4.2%) and Health and personal care stores (down $22.3 million or 6.7%).

For Canada as a whole, retail sales increased by 3.7% in the first half of 2018 over the same period in 2017.

Retail Sales by Industry
Newfoundland and Labrador, January-June 2018
Retail Sales Trade Group
($ millions)
2017
2018
Actual
Change
Percent
Change
Automotive
1,866.6
1,810.8
-55.7
-3.0%
Motor vehicle and parts dealers1
1,256.5
1,203.4
-53.1
-4.2%
Gasoline stations
610.1
607.4
-2.7
-0.4%
Food and beverage stores
951.8
963.4
11.6
1.2%
General merchandise stores
549.8
538.2
-11.6
-2.1%
Health and personal care
332.1
309.8
-22.3
-6.7%
Clothing and accessories
119.9
118.5
-1.4
-1.2%
Miscellaneous stores
70.3
70.3
0.0
0.0%
Sporting goods, hobby, music and bookstores
49.1
44.2
-4.8
-9.9%
Total
4,301.7
4,230.4
-71.3
-1.7%

Source: Statistics Canada
1 The motor vehicle figure displayed here includes some used car sales, as well as parts and service labour, and may be higher than those appearing in the Car Sales Bulletin.

Statistical Reference: Statistics used in this analysis were the latest available at the time of writing. For the latest in retail trade statistics visit the Newfoundland & Labrador Statistics Agency site and check the release dates on Statistics Canada site.


 
Economic and Project Analysis Division, Department of Finance - (709) 729-3255 - infoera@gov.nl.ca

 
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