indicatorThe Owl

Retail sales value in Alberta held steady in April

But revenue was much higher than during the early days of the pandemic

By Rob Roach, ATB Economics 21 June 2022 1 min read

The seasonally-adjusted value of retail sales in Alberta barely budged in April, rising by just 0.3% ($23.7 million) over the level set in March.

On a year-over-year basis, unadjusted sales in the province were up by 3.3% ($247.4 million) compared to April 2021 and by a whopping 59.9% ($2.9 billion) versus April 2020 during the early days of the pandemic.

Nationally, sales increased by 0.9% ($551.7 million) in April versus March while year-over-year sales improved by 8.9% ($5.0 billion) over the same month in 2021 and by 75.6% ($26.1 billion) compared to April 2020.

In Alberta, year-over-year sales were higher in 7 out of 11 retail store categories with gas stations posting the largest percentage increase at 42.7% ($330.5 million) compared to sales in April 2021 followed by clothing and clothing accessories stores at 29.1% ($79.4 million).

Year-over-year sales were down the most among building material and garden equipment and supplies dealers at -19.2% ($102.3 million) followed by motor vehicle and parts dealers at -8.2% ($195.2 million).

Answer to the previous trivia question: Two solstices occur each year in the Northern Hemisphere.

Today’s trivia question: In what city was the first Canadian Tire store opened?

The seasonally-adjusted value of retail sales in Alberta increased by $23.7 million in April

The seasonally-adjusted value of retail sales in Alberta increased by $23.7 million in April


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