Finance

Economic and Project Analysis

Posted: December 2017
Retail Sales Commentary, January-September 2017
Next due: late February 2018

Retail Sales Up 2.5% in First Three Quarters of 2017

Retail sales totalled $6.8 billion during the first three quarters of 2017, an increase of 2.5% compared to the first three quarters of 2016.

The largest increases in retail value were gasoline stations (up $92.7 million or 10.8%) and motor vehicle and parts dealers (up $132.3 million or 7.3%).

For Canada as a whole, retail sales increased by 7.0% in the first three quarters of 2017 relative to the same period in the previous year.

Retail Sales by Industry
Newfoundland and Labrador, January-September 2017
Retail Sales Trade Group
($ millions)
2016
2017
Actual
Change
Percent
Change
Automotive
2,659.8
2,884.8
225.0
8.5%
Motor vehicle and parts dealers1
1,800.2
1,932.5
132.3
7.3%
Gasoline stations
859.5
952.2
92.7
10.8%
Food and beverage stores
1,565.4
1,504.6
-60.8
-3.9%
General merchandise stores
876.0
855.5
-20.5
-2.3%
Health and personal care
482.7
495.9
13.2
2.7%
Clothing and accessories
216.8
215.6
-1.2
-0.6%
Miscellaneous stores
111.3
113.6
2.3
2.1%
Sporting goods, hobby, music and bookstores
84.6
77.6
-7.0
-8.3%
Total
6,618.0
6,782.8
164.7
2.5%

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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