Saskatchewan Leads Nation in Retail Sales Growth

Saskatchewan Leads Nation in Retail Sales Growth

Released on February 22, 2017

Retail sales in Saskatchewan increased by 1.2 per cent in December 2016 (seasonally adjusted), compared to November of the same year—the highest percentage change among the provinces.

According to numbers released today by Statistics Canada, sales were more than $1.58 billion in December.

sk-retail-sales-feb-2017

“Retail sales are a major contributor to our gross domestic product, and growth in this area is a positive indicator for our economy,” Economy Minister Jeremy Harrison said.  “Consumer demand and confidence with increased retail activity positively impact business performance, which in turn helps strengthen the economy.”

Year-over-year, Saskatchewan’s retail sales were up by 3.5 per cent (seasonally adjusted)—the sixth highest growth among the provinces.

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For more information, contact:

Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca

 

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on February 23, 2017, in economic impact, miscellaneous, political. Bookmark the permalink. Leave a comment.

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