Retail sales totalled about $8.2 billion in 2012 – up 4.8% compared to 2011.
Growth in sales was recorded in most store types. The strongest gains were posted in motor vehicles and parts dealers (up 10.6%) and food and beverage stores (up 2.8%). The rise in motor vehicles and parts dealers was largely due to an increase in the value new motor vehicles sales in 2012 (up 7.4%).
For Canada as a whole, retail sales increased by 2.5% in 2012, compared to 2011.
According to the Department of Finance’s March 2013 forecast, retail sales are expected to grow by 4.2% in 2013.
| Retail Sales by Industry | ||||
|---|---|---|---|---|
| Newfoundland and Labrador | Retail Sales Trade Group ($ millions) |
2011 |
2012 |
Actual Change |
Percent Change |
| Stores | ||||
Automotive |
2,948.6 | 3,151.8 | 203.2 | 6.9% |
| Motor vehicle and parts dealers (1) | 1,794.1 | ,1984.6 | 190.4 | 10.6% |
| Gasoline stations | 1,154.4 | 1,167.2 | 12.8 | 1.1% |
Furniture, home furnishings and electronics |
297.3 | 328.7 | 31.4 | 10.6% |
Building and outdoor home supplies |
548.8 | 535.9 | -13.0 | -2.4% |
Health and personal care |
477.4 | 503.2 | 25.8 | 5.4% |
Clothing and accessories |
278.3 | 294.7 | 16.4 | 5.9% |
Sporting goods, hobby, music and bookstores |
111.8 | 115.8 | 4.0 | 3.6% |
Food and beverage stores |
1,819.4 | 1,870.8 | 51.5 | 2.8% |
General merchandise stores |
1,239.2 | 1,286.8 | 47.7 | 3.8% |
Miscellaneous stores |
108.9 | 114.4 | 5.6 | 5.1% |
TOTAL |
7,829.6 | 8,202.2 | 372.6 | 4.8% |
Source: Statistics Canada (1) The motor vehicle figure displayed here includes some used car sales, as well as parts and service labour, and are higher than those appearing in the Car Sales Bulletin. |
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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.