indicatorThe Owl

Retails sales down in July

Monthly retail sales pulled back in every province except Ontario and New Brunswick

By Rob Roach, ATB Economics 23 September 2021 1 min read

Numbers released today by Statistics Canada show that seasonally adjusted retail sales in Alberta decreased by 1.8% ($134 million) in July. The decline came after a 1.5% ($112 million) rise in June.

Year-to-date sales were 17.8% higher than in 2020 and 8.8% higher than in 2019.

Monthly retail sales pulled back in every province except Ontario and New Brunswick with total sales in Canada down by 0.6% ($336 million).

Also released today, the Monthly Survey of Food Services and Drinking Places found that seasonally adjusted restaurant and bar sales in Alberta increased by 8.1% ($59 million) in July. This is a major improvement over last year with sales up by 26.6% ($166 million) compared to July 2020.

Restaurant and bar sales, however, remain below their pre-pandemic level with revenue down by 5.0% ($42 million) compared to July 2019.

Nationally, restaurant and bar sales were still 6.7% ($431 million) lower than in July 2019.

Answer to the previous trivia question: Single-detached houses make up 61.9% of all homes in Alberta compared to 53.6% nationally.

Today’s trivia question: How many CFL football fields would fit inside West Edmonton Mall?

Retail sales in Alberta decreased by 1.8% ($134 million) in July 2021

Retail sales in Alberta decreased by 1.8% ($134 million) in July 2021


Economics News

Subscribe and get a quick daily snapshot of what’s happening in Alberta’s economy

Need help?

Our Client Care team will be happy to assist.

Chat now
ATB Virtual Assistant
The ATB Virtual Assistant doesn't support landscape mode. Please tilt your device vertically to portrait mode.
×